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Individual Resources: These are also owned privately by individuals. Many farmers own land which is allotted to them by the government against the payment of revenue. In villages, there are people with land ownership but there are many who are landless, Urban people own plots, houses and other property. Plantation, Pasture lands, ponds, water in wells etc. are some of the examples of resource ownership by individuals.

Community Owned Resources: There are resources which are accessible to all the members of the community. Village commons are grazing grounds, burial grounds, village ponds, etc. while public parks, picnic spots, playgrounds, etc. in urban areas are de facto accessible to all the people living there.

Which of the following is true about Individual resources?