What is meant by limited as in limited resources?

Answer 1

Limited refers to a finite quantity or amount that is restricted or insufficient to meet all the demands or needs. In the context of resources, limited resources imply that there are only a finite amount of resources available, which can be depleted or exhausted if not used efficiently and judiciously. The limitation of resources also implies that choices have to be made regarding their allocation and utilization as all demands cannot be met simultaneously.