Explain the resources on the basis of ownership. Related to chapter 'Resources and Development'?

Question

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.

Answer

1)Individual: Resources owned by individuals are called Individual Resources. For example – land owned by farmers, house, etc.
2)Community: Resources owned by community or society are called Community Owned Resources. For example – Graveyard, grazing land, ponds, burial grounds, park, etc.
3)National Resources: Resources owned by Individual Nations are called National Resources. For example – Government land, Roads, canals, railway, etc.
4)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.

Answer

Resources on the Basis of Ownership

Resources refer to the materials or substances that can be used to fulfill human needs and wants. These resources can be classified based on various criteria such as origin, exhaustibility, ownership, etc. In this article, we will discuss the classification of resources based on ownership.

1. Individual Resources:
Individual resources are those that are owned by an individual or a family. These resources are used for personal consumption and are not meant for sale or exchange. For instance, a person's farm or garden, house, etc. are individual resources.

2. Community Resources:
Community resources are owned and managed by a particular community or a group of people living in a particular area. These resources are used for the benefit of the entire community and not for the benefit of any particular individual. For instance, grazing lands, forests, water bodies, etc. are community resources.

3. National Resources:
National resources are owned and managed by the government of a country. These resources are used for the benefit of the entire nation and not for the benefit of any particular individual or community. Examples of national resources include minerals, oil and gas reserves, etc.

4. International Resources:
International resources are those that are not owned by any particular country but can be accessed and utilized by all the countries of the world. Examples of international resources include the oceans, outer space, etc.

Conclusion:

Thus, resources can be classified based on their ownership into individual, community, national, and international resources. Understanding the ownership of resources is crucial for their equitable distribution and sustainable utilization.

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.

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.

Hope you find it helpful.....

Answer

Answer

Answer:- beta here we go for this answer:
Individual Resources:The Resources which are owned by the Individual Nation are called Individual Resources. For example Plots, houses,plantations, pasture land etc.
Community owned Resources:Resources which are owned by Community. for example grazing grounds etc .
rest off the two do it yourself.

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