Resource development is
A) the study of how society chooses to employ resources to produce goods and services and distribute them for consumption among various competing groups and individuals.
B) the study of how to increase the amount of available resources and create conditions that will make better use of these resources.
C) the part of economics that looks at the operation of a nation's economy as a whole.
D) the part of economics that looks at particular markets.

Question

Quizplus · Accepted Answer

Resource development is focused on increasing the amount of available resources and finding ways to use them more efficiently. It is not concerned with the distribution of goods and services or the operation of a nation's economy as a whole, as these fall under other areas of economics.

Resource Development Is