What are "means and resources"?

Social Studies · High School · Tue Nov 03 2020

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"Means and resources" refer to the different tools, assets, capabilities, and methods that an entity (whether an individual, a group, a community, or a nation) has at its disposal to achieve its objectives, goals, or to fulfill its needs. In this context:

1. "Means" usually refer to methods, ways, or strategies that are available or employed to accomplish a particular end. For example, education could be considered a means of achieving a better job.

2. "Resources," on the other hand, typically describe the actual assets that can be drawn upon. These can be financial (money), material (physical assets like land, equipment), human (skills, knowledge, labor), and natural (water, minerals) among others. Taking the same example above, scholarships or savings could be resources that enable an individual to receive an education.

The combination of means and resources gives a clearer picture of what an entity is capable of doing or achieving.

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