mobility

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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.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in classic literature ?
Lurgan Sahib laughed immensely, and begged Kim to stay as he was, immobile for half an hour - cross-legged, ash-smeared, and wild-eyed, in the back room.
Summary: Severe pain in her neck made her almost immobile.
Mancini backed Ciro Immobile to end his goal drought as the Lazio striker has now failed to score in his last 10 appearances for Italy.
The lower body is immobile and the patient needs to be cared for long.
Gout If you suffer from the dreaded gout You understand why others scream and shout My big toe is throbbing and hurts like hell And I'm not sleeping at all too well I am immobile so I cannot do my chores Stuck in the house I cannot venture outdoors In my experience gout never lasts long But still I wonder what the hell brings it on I feel as though my big toe is about to explode Leaving bits of my toe all over my abode The pain is just now beginning to relent This medicine I believe is heaven sent Tomorrow my recovery will hopefully be complete It will be a pleasure to very slowly stroll down the high street GEORGE MCLANDERS
Invented by GillianTaylor, the patient transfer scale (PTS) is designed to weigh immobile patients faster and more easily than current methods.
Invented by former NHS Lanarkshire nurse Gillian Taylor, the patient transfer scale (PTS) is designed to weigh immobile patients faster and more easily than current techniques.
She presented a letter from Snowie's GP saying the businessman's condition would preclude him from "sitting immobile for a long period of time".
ED CASEY CIRO IMMOBILE scored a first-half double to lead Lazio to a comfortable 4-1 win at home to SPAL in Serie A.
The ministry has not punished anybody for selling the discarded, both immobile and mobile, military technology, Sme wrote.Observers defended #268aplovi#269#268aplovi#269 has refused to comment on his return to the post, which he has been leading since 2008.Analysts said some time ago that the steps against him were appropriate.