Question

On the basis of ownership, there are four types of resources. Explain and give one example each.
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Answer 1

Answer:

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Classification of Resources: On the Basis of ownership:

For example – Graveyard, grazing land, ponds, burial grounds, park, etc. National Resources: Resources owned by Individual Nations are called National Resources. For example – Government land, Roads, canals, railway, etc.

“Materials or substances such as minerals, forests, water, and fertile land that occur in nature and can be used for economic gain” Economic Resources. land, labour, entrepreneur, capital.

Types of Resources:

Human Resources. ...

Natural Resources. ...

Economic Resources. ...

Space Resources. ...

Speculative Resources.

Explanation:

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Answer 2

Answer:

Individual: Resources owned by individuals are called Individual Resources. For example – land owned by farmers, house, etc.

Community: Resources owned by community or society are called Community Owned Resources. For example – Graveyard, grazing land, ponds, burial grounds, park, etc.

National Resources: Resources owned by Individual Nations are called National Resources. For example – Government land, Roads, canals, railway, etc.

International Resources: Resources regulate by International bodies are called International Resources. For example – Ocean and sea beyond 200 km of the Exclusive Economic Zone and is called open sea or ocean. No individual country can utilize these resources without the permission of International bodies.

Explanation:

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