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A common example of an individual-owned and a community-owned resource is _______.
- a)River
- b)Sea
- c)Lake
- d)Pond
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
A common example of an individual-owned and a community-owned resourc...
On the basis of ownership resources are classified as follows
(i) Individual: Resources owned by an individual. Example-land owned by a farmer.
(ii) Community: There are resources which are accessible to all the members of the community. Ponds can be owned by a community (villagers) and also by an individual.
This question is part of UPSC exam. View all Class 8 courses
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A common example of an individual-owned and a community-owned resourc...
Individual-owned vs Community-owned Resource
Individual-owned and community-owned resources refer to the ownership of natural resources by either a single person or a group of people. Let's take a closer look at an example to differentiate between the two:
Pond
- Individual-owned Resource: An individual-owned pond would be a body of water that is owned and managed by a single person. This person would have exclusive rights to use the pond for fishing, swimming, or any other activities.
- Community-owned Resource: A community-owned pond, on the other hand, would be a body of water that is collectively owned and managed by a group of people in a community. This group would share the responsibility and benefits of using the pond, such as for irrigation, drinking water, or recreation.
In this case, a pond can serve as a clear example of both an individual-owned and community-owned resource. The way in which the pond is managed and utilized will depend on who has ownership rights over it.
Individual-owned and community-owned resources refer to the ownership of natural resources by either a single person or a group of people. Let's take a closer look at an example to differentiate between the two:
Pond
- Individual-owned Resource: An individual-owned pond would be a body of water that is owned and managed by a single person. This person would have exclusive rights to use the pond for fishing, swimming, or any other activities.
- Community-owned Resource: A community-owned pond, on the other hand, would be a body of water that is collectively owned and managed by a group of people in a community. This group would share the responsibility and benefits of using the pond, such as for irrigation, drinking water, or recreation.
In this case, a pond can serve as a clear example of both an individual-owned and community-owned resource. The way in which the pond is managed and utilized will depend on who has ownership rights over it.
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A common example of an individual-owned and a community-owned resource is _______.a)Riverb)Seac)Laked)PondCorrect answer is option 'D'. Can you explain this answer?
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A common example of an individual-owned and a community-owned resource is _______.a)Riverb)Seac)Laked)PondCorrect answer is option 'D'. Can you explain this answer? for Class 8 2024 is part of Class 8 preparation. The Question and answers have been prepared according to the Class 8 exam syllabus. Information about A common example of an individual-owned and a community-owned resource is _______.a)Riverb)Seac)Laked)PondCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Class 8 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A common example of an individual-owned and a community-owned resource is _______.a)Riverb)Seac)Laked)PondCorrect answer is option 'D'. Can you explain this answer?.
A common example of an individual-owned and a community-owned resource is _______.a)Riverb)Seac)Laked)PondCorrect answer is option 'D'. Can you explain this answer? for Class 8 2024 is part of Class 8 preparation. The Question and answers have been prepared according to the Class 8 exam syllabus. Information about A common example of an individual-owned and a community-owned resource is _______.a)Riverb)Seac)Laked)PondCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Class 8 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A common example of an individual-owned and a community-owned resource is _______.a)Riverb)Seac)Laked)PondCorrect answer is option 'D'. Can you explain this answer?.
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