Name: Introduction to Resources
Uploaded: 2019-07-19
Duration: 5 min 36 s
Description: Our lives depend on how well we use our resources. In this video, you will learn about resources and their value.

Question

Differentiate between National and International Resources.

Accepted Answer

National Resources International Resources

The natural resources that belong to and are administered by a particular country or nation are known as national resources, also referred to as domestic resources.

Resources that transcend national boundaries and have effects or ramifications that extend beyond a single country are referred to as international resources, also known as global or shared resources.

Within its territorial bounds, a nation has sovereign authority over its national resources.

International resources are not owned by any one nation; rather, they are collectively managed or governed by international organisations that include a number of different countries.

Land, water, forests, mineral deposits, oil and gas reserves, and other natural resources found inside a nation's borders are a few examples of national resources.

The atmosphere, oceans, and marine resources, migratory species, shared river basins, Antarctica, space, and certain global commons like the high seas are examples of international resources.

Differentiate between National and International Resources.

Important Questions on Natural Resources

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