I would call it Manufacturing or in the case of services, business.
demand
capital
Rationing
Efficiency
Factors of production
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.
The person who receives goods or services is a consumer.
demand
It depends on what type of professional services. For medical services, the person is a patient or consumer. For mental health services, the person might be called a client or consumer. For other professional services, such as from a house painter, the person who hired the worker is called a customer.
capital
They could be called a consumer, a patron, a customer, or a client.
Rationing
Wants are often described as goods, ideas, and services that fulfill the needs of an individual consumer
Efficiency
factors of production
Consumers are individuals or organizations that purchase goods or services for their own use or consumption. They are an essential part of the economy as they drive demand for products and services.
entreprenuer