Allocation

Process of distributing resources or assets.

Allocation is the process of distributing resources or assets.

/əˈlɒkˌeɪʃən/

It comes from the Latin 'allocare,' meaning ‘to assign.’

Allocation is like sharing toys - it's how we decide who gets what so everyone can play.

What is allocation? It's the process of distributing resources or assets
Why is it important? It ensures fair distribution and efficient use of available items
Who needs to allocate resources? Governments, businesses, and individuals all need to allocate resources

distribution apportionment assignment

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budgeting delegation apportionment

economy system

administrative economic