Pooling of resources is a term that refers to the act of combining or joining resources together in order to achieve a common objective. Alternatively, it could also be referred to as a collective or joint effort, collaborative working, synergy, or collaboration. The pooling of resources could be financial, material, intellectual, or even physical, depending on the context. Other synonymous expressions for pooling of resources include the sharing of assets, combined resources, joint resources, resource aggregation, or teamwork. Essentially, the phrase refers to a situation in which individuals or organizations come together and contribute their resources towards a common goal. The act of pooling resources is a powerful strategy that has proven effective in achieving collective objectives and driving growth in various sectors.