Chapter : 1. Resource & Development
Resources On the Basis of Ownership
On the Basis of Ownership
(A) Individual Resources : Resources which are owned by private individuals are known as individual resources
Examples : Plot, Fields, House, Car, Book etc.
(B) Community Resources : Resources which are owned by all members of the community.
Example : village pond, public parks, play ground etc.
(C) National Resources : All the resources which are under the control of state or union government.
Example : All mineral resources, like water, land, forest and wild life.
(D) International Resources : These are international institutions that control all areas which do not belong to any individual country.
Example : Area beyond the exclusive economic zone belong to the open ocean & no individual country can utilize this area without the permission of international institutions.
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