how are resources classified on the basis of ownership?
Answers
1. Individual resources- the resources which belong to a particular person, like piece of land ( properties)
2. Community resources- the resources which belongs to all the society members, such as pond, playground etc.
3. National resources - belongs to a particular nation , like minerals of a particular country.
4. International resources - the resources used by all countries, such as the minerals obtained from sea, oceans . And the oil and fossils.
Answer:
On the basis of ownership resources can be classified into four 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. For example, grazing grounds, burial grounds, picnic spots, play grounds, etc.
(iii) National resources: All the minerals, water resources, forests, wildlife, land within the political boundaries and oceanic area upto 12 nautical miles from the coast belong to the nation.
(iv) International resources : There are international institutions which regulate some resources. The oceanic resources beyond 200 km of the Exclusive Economic Zone belong to open ocean and no individual country can utilise these without the concurrence of international institutions.
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