The resources that helped in operating the businesses are also known as economic resources.
Production is the process used by businesses to make varied products by converting the raw materials into finished ones.
Economic resources are those which are used by the firms in manufacturing goods and services. The goods are then available in the market for purchase by the consumers. The production can't be carried out if these resources are not present.
Therefore, economic resources are the important resources that help the business to operate.
Learn more about the economic resources in the related link:
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