Question

Defined resources .classify the resources on the basic of their ownership​

Answer 1

Answer:

Definition :

A resource is a source or supply from which a benefit is produced and that has some utility.

Types:

(i) Individual resources: These are owned privately by individuals. For example, plots, houses, plantation, pasture lands, ponds, are owned by individuals. (ii) Community owned resources: The resources which are accessible to all the members of the community are called community owned resources.

Answer 2

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Everything available in our environment which can be used to satisfy our needs, provided, it is technologically accessible, economically . feasible and culturally acceptable can be termed as Resource. Examples, coal, water, air, minerals, etc