Fill in the Blanks PRODUCTION FACTORSOnline version Activity about production factors in economy by Javier Ramón Núñez 1 research money materials overexploit raw quality land run set up machines activity out human centres Natural resources are limited and could soon , we need to make sure we do not them . Labour is all physical and intellectual that is required to produce goods or provide services that are necessary for people and society . Physical capital includes the on which business is built , its premises , the machinery and . Financial capital is the needed to a business or maintain its activity . Technical expertise makes possible the design , construction and use of that transform the environment and allow for the production of goods and services . A modern , competitive economy requires a education system to train people and to generate new ideas .