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What is called the use of scarce resources for production of goods and services?

Rationing


What are resources needed to produce goods and services called?

Factors of production


What are resources used to make all goods and services called?

factors of production


The fourth production factor needed to pull all three of the above resources together to make a product or to provide goods and services is called what?

Entrepreneurs.


When considering the nature of the conversion the resources that comprise the major input are called the?

Major input resources in a conversion process are typically referred to as inputs or factors of production. These resources can include labor, capital, raw materials, and technology that are used to produce goods or services in a production system.


What is exploitation chiefly for financial gain is called?

Exploitation chiefly for financial gain is known as "capitalism" — a system where private individuals and corporations own the means of production and seek to maximize profits by exploiting labor and resources.


What are goods and services are produce are called?

factors of production


Natural capital and human resources are called the factors of what?

production


What is the name of the process in which you apply resources to obtain products?

Concept is the name of the process in which you apply resources to obtain products.


What are resources needed to make goods and services called?

capital


Definition of industrial origin approach?

Industrial origin approach refers to contribution of resources from different sectors for the production of goods and services. This approach is also called value added approach.


What is the conversion of resources into consumer goods or services called?

I would call it Manufacturing or in the case of services, business.