The term "Ultimate Resource" refers to the idea that human ingenuity and creativity are the most valuable assets for solving problems and improving living standards. This concept suggests that as challenges arise, such as resource scarcity or environmental issues, people will innovate and develop new technologies or methods to address these challenges. The phrase is often associated with economist Julian Simon, who argued that human beings are the ultimate resource because they can adapt, invent, and find solutions. This perspective emphasizes the importance of education, knowledge, and the potential of individuals to drive progress and sustainability in society.