How are resources classified on the basis of ownership

Asked by admin @ 17/08/2021 in Geography viewed by 329 People

How are resources classified on the basis of ownership?

Answered by admin @ 17/08/2021

Resources are classified in the basis of ownership in following ways :
1. Individual resources- the resources which belong to a particular person, like piece of land ( properties)
2. Community resources- the resources which belongs to all the society members, such as pond, playground etc.
3. National resources - belongs to a particular nation , like minerals of a particular country.
4. International resources - the resources used by all countries, such as the minerals obtained from sea, oceans . And the oil and fossils.

How are resources classified on the basis of ownership

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