The term that best describes the process of wherein governments and multinational corporations agree that wise resource management and equitable distribution of benefits from the process of economic development is in everyone's best interest is called:

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The term that best describes the process of wise resource management and equitable distribution of benefits from economic development is sustainable development. This concept involves balancing economic, environmental, and social factors to meet the needs of current generations without compromising the ability of future generations to meet their own needs. It emphasizes the need to preserve natural resources and ecosystems, reduce poverty and inequality, and promote economic growth and innovation in a way that benefits everyone. Governments and multinational corporations have a crucial role to play in promoting sustainable development and ensuring that their policies and practices are aligned with this goal.

The Term That Best Describes the Process of Wherein Governments