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B-2.02

Economic Resources

QuestionAnswer
Alternative resource resource used in place of another
automation reducing human effort and lador
baby boomers born in 1946 and 1964
capital goods produce goods and services
conserve make last
consumer goods and services personal consumption
demographics describe a population
economic resources factors of production
EAP help its employees
entrepreneurs people who start a business
entrepreneurship building a business
FOP economic resources
financial capital money
flex time select working hours
fossil fuels nonrenewable
gen x 1965 to 1980
gen y 1981to 1995
human resources work to produce
inventory stock in goods
just-in-time inventory when needed
natural resources nat mats
nonrenewable resources not be made
producers make or provide
production process
raw mats raw mats
resource owners mats
shared time two people one job
stock piling large inventory
tech scientific
Created by: dillon.p469
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