Question

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Classify resources based on ownership explain?

Question is for Subhrajena189
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Answer 1

Answer:

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Classify resources based on ownership explain?

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Resources based on ownership:-

(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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Classify resources based on ownership

explain.

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On the basis of ownership resources are divided into 4 sectors :-

$\color{red}{• Public sector - }$

Owned and operated by government agencies e. g. BHEL, SAIL etc.

$\color{red}{• Private sector - }$

Owned and operated by Private individuals or a group of Individuals e. g. TISCO, Bajaj Auto Ltd, Dabur Industries, Reliance etc.

$\color{red}{•Joint sector - }$

These sector are jointly run by the state and Individuals or a group of individuals e. g. Oil India Ltd.

$\color{red}{• Cooperative sector - }$

Owned and operated by the producers or supplier of raw materials, workers or both. They pool in the resources and share the profits or losses proportionately such as the sugar industry in Maharashtra, and the coir industry in Kerela.