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What is Resource Planning? Why is it Essential? Explain any Two Reasons.

Question: What is Resource Planning? Why is it essential? Give to reasons.

Answer: The term “resource planning” describes a strategy for judicious use of resources.

The survival of all life forms depends on a well-thought-out strategy for managing resources. To keep a country moving forward, it is necessary to have a national, regional, state, and local level of resource planning.

Because of the following reasons, resource planning is essential:

  • As a direct consequence of this, it will be much simpler to locate and use various resources located in various regions of the country.

  • Different non-renewable resources are preserved as a result.