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On the basis of ownership, plantations can be better considered as which of the following types of resources?
  • a)
    Individual resource
  • b)
    Community owned resource
  • c)
    National resource
  • d)
    International resource
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
On the basis of ownership, plantations can be better considered as whi...
Individual resources are those resources which can only be owned by a single person and cannot be accessed by someone else. They are also known as private resources. These are the indicators of capitalists country and its influence.
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Most Upvoted Answer
On the basis of ownership, plantations can be better considered as whi...
Ownership of Plantations

Introduction:
Plantations are large agricultural estates that are primarily known for cultivating cash crops such as coffee, tea, rubber, cocoa, and various other crops. These plantations are usually characterized by large-scale production and are often found in tropical or sub-tropical regions. The ownership of plantations can vary, and it is important to understand the different types of ownership and their implications.

Types of Ownership:

1. Individual Resource:
Plantations are commonly owned by individuals or private entities. In this type of ownership, the plantation is controlled and managed by a single person or a group of individuals. These individuals invest their own capital, acquire the necessary land, and take responsibility for the overall operations of the plantation. They are solely responsible for making decisions regarding the cultivation, harvesting, and processing of the crops. The profits and risks associated with the plantation are borne by the individual or private entity. Therefore, it can be considered as an individual resource.

2. Community Owned Resource:
Some plantations may be owned collectively by a community or a group of people. This type of ownership is often found in indigenous or rural communities where the land and resources are shared among the community members. The decision-making process and the distribution of profits are typically done collectively, ensuring that the benefits are shared among the community. However, it is important to note that not all plantations fall under this category.

3. National Resource:
In some cases, plantations may be owned and managed by the government of a particular country. This often occurs when the plantation is considered to be of national importance or strategic value. The government takes responsibility for the overall management, regulation, and development of the plantation. The profits generated from the plantation are typically used for the benefit of the nation as a whole.

4. International Resource:
Plantations can also be owned by multinational corporations or foreign entities. These plantations are often established in developing countries where there may be lax regulations or low labor costs. The ownership and management of these plantations are typically controlled by the foreign entities, and the profits generated are often repatriated to the home country.

Conclusion:
Based on ownership, plantations can be considered as individual resources, community-owned resources, national resources, or international resources. The type of ownership has significant implications for the management, decision-making process, and distribution of benefits associated with the plantation. Understanding the ownership structure is crucial for evaluating the social, economic, and environmental impacts of plantations in different contexts.
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Community Answer
On the basis of ownership, plantations can be better considered as whi...
Plantations come under community based, isn't it?
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On the basis of ownership, plantations can be better considered as which of the following types of resources?a)Individual resourceb)Community owned resourcec)National resourced)International resourceCorrect answer is option 'A'. Can you explain this answer?
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