What is meant by the term "resource"? List the types of resources classified on the basis of its ownership.
What is meant by the term "resource"? List the types of resources classified on the basis of its ownership.
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(i) Resource: Everything available in our environment which can be used to satisfy our needs, provided, it is technologically accessible, economically feasible and culturally acceptable is known as a resource.
(ii) Types of resources on the basis of ownership are: Individual, community, national and international
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