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Explain the classifcation of resourse on the basis of ownership |
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Answer» \tIndividual Resources: These are owned privately by individuals. Many farmers own land which is allotted to them by government against the payment of revenue. Urban people own houses, plots and other property. So plantation, pasture land, ponds, etc. are some of the examples of resource ownership by individuals.\tCommunity-owned Resources: These are resources which are accessible to all the members of the community. For example, grazing grounds, burial grounds, village ponds, etc. and public parks, picnic spots, playground, etc. are accessible to all people. Thus they are community- owned resources.\tNational Resources: All the resources within the nation are called national resources. All the minerals, water resources, forests, wildlife, land within the political boundaries and oceanic area upto 12 nautical miles from the coast and resources within the nation, belong to the nation.\tInternational Resources: There are international institutions which regulate some resources. The oceanic resources beyond 200 kms of the Exclusive Economic Zone belong to open ocean and no individual country can utilise these without the permission of international institutions. Explain the classification of resourses on the basis of ownership |
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