Busy. Please wait.
Log in with Clever

show password
Forgot Password?

Don't have an account?  Sign up 
Sign up using Clever

Username is available taken
show password

Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
Didn't know it?
click below
Knew it?
click below
Don't Know
Remaining cards (0)
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

B202 Key Terms

Economic Resources

Alternative resource A resour ce that can be used in place of another
Automation A method of operating or controlling a process in which task are comppleted by automatic means such as technology reducin human effort and labor
baby boomers a term used to refer to individuals who were born between the year 1946 and 1964
capital goods manufactured or constructed items that aer used to produce goods and services
conserve to slow down the use of something to make its supply last longer than it would otherwose
consumer goods and services products podued for personl consumption
demographics information used to describe a population
economic resources the human and natural resources and capital goods used to produce goods and services also known as factors of production
entrepreneurs people who assume the risks of starting and operating businesses
entepreneurship starting and building a business
factors of production productive resources human and natural resources and capital goods also known as economic resources
financial capital money needed to operate a business
flextime scheduling procedure in hich employees select thire own working hours as long qas they work required number of hours
fossil fuels nonrenewable carbon based energy sources formed ubdergound from the fossilized remains of plants and animals
generation x a term used to refer to individuals who were born between the years 1965 and 1980 also known as gen x
generation y a term used to refer to indivduals who were born between the yers 1981 and 1995 alson known as millennials
human resources people who work to produce goods and services
inventory stock of goods
just in time iventory an inventory method in which goods are ordered so that they arrive when they are needed rather than being stockpiled
natural resorces items that are found in nature and used to produce goods and services
nonrenewable resources natural resouces thst many becomes entirly depleted natural resources that cannot be replenished after use
producers the people whp make or provide goods services
production items in their natural state ofr condition
raw materials items in their natural state or condition
resource owners those who provide human resoures natural resources and capital goods in order for production to take place
shared time when two employees share the responsilbility for one full time position
stockpiling maining a large inventory
technology scientific applications to business objectives or the methods used to attain those objectives
Created by: nykeeia.j352
Popular Business sets




Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
restart all cards