Classify resources on the basis of ownership.

Classification is as follows :
(i) Individual Resource - The resources that are owned privately by individuals such as a house is owned by an individual. (ii) Community Owned Resources - The resources that are accessible to all the member of the society, eg. Public park.(iii) National Resource - All the resources that belong to a nation such as forests, wildlife. (iv) International Resource - There are international institutions which regulate some resources. For eg - the oceanic resources beyond 200kms. of exclusive economic zone belongs to open ocean & no individual country can utilize these without the interference of international institutions.