Crime and Human Development
Resource allocation refers to the process of distributing available resources among various projects, initiatives, or groups. This process is critical in determining how effectively resources such as money, time, and personnel are used to achieve desired outcomes. In the context of neighborhood effects, resource allocation can significantly influence community development, public safety, and social cohesion, affecting overall quality of life in different neighborhoods.
congrats on reading the definition of Resource Allocation. now let's actually learn it.