Material resources refer to the physical items and raw materials used in the production of goods and services. These can include natural resources like minerals, water, and timber, as well as manufactured items such as machinery and tools. Material resources are essential for industries to create products that meet consumer needs. In addition to natural and manufactured items, material resources also encompass supplies needed for daily operations, such as office supplies and packaging materials. Efficient management of these resources is crucial for businesses to minimize costs and maximize productivity, ultimately contributing to economic growth.