Question

What do you understand the term resource

Answer 1

Explanation:

An economic or productive factor required to accomplish an activity, or as means to undertake an enterprise and achieve desired outcome. Three most basic resources are land, labor, and capital; other resources include energy, entrepreneurship, information, expertise, management, and time.

Answer 2

Answer:

Everything in the environment which can be used to satisfy our present need and technologicaly accessible economically fesiable and culturally acceptable is termed as resource.

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