what is the meaning of resource

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what is the meaning of resource

A resource is something that can be used to gain benefit or support, including natural materials, wealth, skills, or other assets available to a person, organization, or country. It serves as a source of supply or support, often helping to achieve goals, satisfy needs, or create value. Resources can be tangible like land, money, or equipment, or intangible like knowledge or skills. They are typically limited in availability and may be depleted with use, which makes their management and sustainability important. The concept of resources applies broadly in economics, business, environmental science, and more.

In summary, a resource is any useful or valuable possession, quality, or supply held by individuals or groups that can be utilized for achieving objectives or improving wellbeing.