What is ownership? Discuss the types of resources on the basis of
ownership.
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Ownership is the act, state, or right of possessing something.
Classification of Resources: On the Basis of ownership:
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.
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Answer:
Classification of Resources: On the Basis of ownership:
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.
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