**What is Elastic Beanstalk Environment?**
An Elastic Beanstalk environment is a configuration setting that defines the infrastructure, resources, and runtime parameters for running an application within Elastic Beanstalk. It encompasses elements such as instance type, auto-scaling settings, load balancer configuration, environment variables, and more. Each Elastic Beanstalk application can have multiple environments, such as development, testing, and production, each with its own settings and resources.