Final answer:
The term describing the accomplishment of objectives with minimal resource use is economic efficiency, as demonstrated by choices on the production possibilities frontier and sustainable practices.
Step-by-step explanation:
The term used to describe accomplishing the objectives with a minimum of resources is economic efficiency. Economic efficiency is about getting the most benefit from scarce resources.
This concept applies to various contexts, from household budgeting to national production levels.
An excellent example of economic efficiency is the choices made along the production possibilities frontier (PPF), where each point represents an efficient allocation of resources such that more of one good can only be produced by producing less of another.
Embracing minimalism and focusing on sustainable practices are also ways to achieve economic efficiency, ensuring the health needs are met without increasing consumption of natural resources unnecessarily.