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 ?
It's also why, in partnership with the Social Mobility Commission and the Social Mobility Foundation, we launched the world's first Social Mobility Employer Index.
The awards, which will take place in October, seek to celebrate and recognise organisations that are developing initiatives to promote and improve social mobility.
The Social Mobility Pledge is something that really resonated with us as a charity as by funding equipment to children with disabilities in the North East, we are providing opportunity for them to grow, learn and develop, something that each and every child deserves regardless of their disability.
Parochial baradari system furthers complexities in societal fabric and hampers social mobility process in Pakistan.
The initiative, developed by PwC, seeks to address the core reasons for the long-standing problem of poor levels of social mobility.
The data find that social mobility varies widely, even among neighborhoods just a few miles apart and even when families have similar incomes.
For example, in the US, which is more the size of the European Union than the individual countries within it, some regions of the country, such as Seattle, San Jose (Silicon Valley), and Denver have social mobility comparable to Denmark, while others, such as Atlanta and Milwaukee, are lower than any other developed country.
In general, very low social mobility is found in the South, sections of the Midwest, and sections of the Southwest.
The average figure for social mobility among the emerging affluent across the markets in the study is 59%, and of these 7% are experiencing supercharged social mobility.
The average figure for social mobility among emerging affluent across markets in study is 59 per cent, and of these 7 per cent are experiencing supercharged social mobility.
KARACHI -- Nearly two-thirds (64%) of emerging affluent consumers in Pakistan are experiencing upward social mobility, a new Standard Chartered Bank study shows.
The Harrison Centre for Social Mobility (HCSM) was set up to make a practical difference to social mobility - the ability to move from one level in society to another - by supporting charities that maximise people's career and life potential.