mobility

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Related to Social mobility: social stratification

mobility

the degree to which a FACTOR OF PRODUCTION is willing or able to move between different locations or uses. Of the three factors of production, i.e. NATURAL RESOURCES (land), LABOUR and CAPITAL, land is geographically immobile, but not necessarily the uses to which it can be put, for example, industry or agriculture. Labour is both geographically and occupationally mobile but is not necessarily willing to move to another location or retrain for another occupation. Capital (in the form of plant and machinery) is frequently relatively immobile because it is difficult to find new uses for specialized plant, and often difficult to change location because of the size and nature of such plant (e.g. electricity-generating machinery). See RESOURCE ALLOCATION, SUPPLY-SIDE ECONOMICS.
References in periodicals archive ?
In Purpose and the profession, a global survey of 13,635 members and students, ACCA has found that social mobility is transforming the potential talent pool for professional accountants.
In other words, Americans overestimate upward social mobility, and underestimate the likelihood of staying poor for generations.
The Social Mobility Commission's 'Social Mobility Index' was one of the two main planks the Government used to determine which areas to prioritise.
The award-winning programme is having a positive impact on the employability of students from lower income households and boosting social mobility across the UK.
Social mobility means the chances people have of improving their situation.
Mr Milburn and his three fellow commissioners have walked out on the commission, which is tasked with monitoring the Government's progress in delivering social mobility.
Alan Milburn, Social Mobility Commission chairman, said: "Too many rural and coastal areas and.
The Success Paradox: Why We Need a Holistic Theory of Social Mobility
SIX children are being filmed over three critical years in their school life in a new BBC documentary on social mobility.
While the UK has seen much economic and social change in the past decade or so, one area of remarkable stability is our low social mobility measured by lack of movement across social class between generations--'inter-generational mobility'--and within lifetimes 'intra-generational mobility'.
A striking feature of the recent rekindling of debates about grammar schools is how readily the priority of social mobility is pushed, across the political spectrum.