alleryWhich of these is a resource based on the criterion of OWNERSHIP?
ACommunity resource
BBiotic
CRenewable
DReserves
Answer & Solution
Correct answer: A. Community resource
1. On the basis of ownership, resources are individual, community, national or international.
2. Renewable/non-renewable is by exhaustibility; biotic/abiotic is by origin.
3. Reserves is a status-of-development category.
_Source: syllabus Understanding Economic Development, Ch 1 "Development"_
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