Mobility of the factors of production

1,265 views 8 slides Aug 27, 2020
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About This Presentation

Factor mobility. refers to the ability to move factors of production—labor, capital, or land—out of one production process into another. Factor mobility may involve the movement of factors between firms within an industry, as when one steel plant closes but sells its production equipment to anot...


Slide Content

MOBILITY OF
THE FACTORS
OF
PRODUCTION
Mudassir Raza

The Mobility of
Land

The Mobility of Land
Occupationally Mobile: capable of changing use.
Geographically Immobile: incapable of moving from one location to
another location.

The Mobility of
Labour

The Causes of Geographical Immobility
include:
Differences in the price and availability of housing in different areas and countries.
Family Ties
Differences in educational system in different areas an countries
Lack of information
Restriction on the movement of workers
1.
2.
3.
4.
5.

The Mobility of
Capital

The Mobility of
Enterprise

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