To answer data-dog's question:
Almost anything can be dated using one of the several radiometric clocks, depending on how far back in time you wish to date.
Several elements are useful for dating purposes, because they can exist in different forms, or isotopes. An isotope is an element whose atoms have a different amount of neutrons in their nucleus. This gives the isotopes different properties and usually renders them unstable. This instability means that they decay at a set rate over time, and this is how they can be used to date objects.
For dates stretching back to around 50,000 years isotopes of carbon are very useful and accurate. Carbon dating measures the abundance of the isotope carbon 14 (that is carbon with an extra 2 neutrons in its nucleus, normal carbon has 12) in the material you are seeking to date. Carbon 14 is formed in the atmosphere when high energy rays from the sun strike atoms of nitrogen and form carbon 14. The rate of creation equals the rate of decay, so the overall proportion of carbon 12 to carbon14 remains the same over time.
All living things take up carbon 14 in the same relative abundance as it exists in the environment. Some of the carbon atoms in our bodies are actually carbon 14, and this is proportional to the abundance in the background environment. When we die, however, the intake of all carbon is halted. The proportion of carbon 12 does not change as it is stable, but the proportion of carbon 14 begins to decline. For the first time in the organism's existance, the ratio of c12 to c14 begins to differ from the normal background level. Because c14 decays at a known rate, the difference between the c12:c14 ratio in the object you are dating to that in the surrounding environment provides you with an accurate date on when that organism died.
As I said earlier, carbon dating, or more accurately, radiocarbon dating since carbon 14 is radioactive, is only useful for dating objects no older than around 50,000 years. For objects older than that other radiometric clocks with other elements are used. Radioactive decay is termed the half-life. This is the time it takes for the one half of an unstable isotope to decay into a more stable (not radioactive) form. Carbon 14 has a half-life of around 5700 years. Other elements have much longer half-lives. One isotope of uranium has a half-life of around 80,000 years, so it was most probably used to date the bone sample above.
Rocks can be dated many different ways, including radiometric dating. Other elements have much longer half-lives, stretching into the millions and even billions of years. These slower clocks are very useful for dating very old rocks.
I hope that helps to answer your question.