Question : Economizing of resources refers to ___________________
Option 1: making optimum use of available resources
Option 2: making non-optimum use of available resources
Option 3: making umlimted wants
Option 4: None of the above
Correct Answer: making optimum use of available resources
Solution : Making the most use of the resources at your disposal is referred to as a resource economy. We must make cuts since we have limited resources and must satiate our endless wants.
Hence, the correct option is 1.