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 periodicals archive ?

[ClickPress, Mon Sep 02 2019] Personal mobility devices have become a matter of equity for people with disabilities as they propel their access to work and social life, education and improve their participation in their communities.

Personal Mobility Devices Market: Medical Mobility Aids & Ambulatory Devices Segment to Reign Suprem

Release date- 28082019 - Personal mobility devices have become a matter of equity for people with disabilities as they propel their access to work and social life, education and improve their participation in their communities.

Personal Mobility Devices Market: Medical Mobility Aids & Ambulatory Devices Segment to Reign Supreme

At the launching ceremony, Cui Dayong, CEO of T3 Mobility, said the mobility travelling is a matter of people's livelihood, while basic paint points have not been solved because of the improper operational modes.

FAW - State-owned FAW Group, Dongfeng, Changan Automobile launch T3 mobility service platform -- 23/7/2019

It's the world's first advanced and holistic mobility curriculum, the partnering institutions said.

An 'Epicenter': Michigan Mobility Institute, Wayne State University Launch Center For Advanced Mobility

Arabian Automobiles, the flagship company of the AW Rostamani Group and the exclusive dealer for Renault in Dubai, Sharjah and the Northern Emirates, welcomed leading industry figures in the green and electric mobility sector for the event, which was the first public event organised by the Clean Energy Business Council (CEBC) for its dedicated new 'Future Mobility Council'.

Innovation in mobility highlighted at conference

* Financing, leasing, insurance and fleet management continue to be part of the core business of Daimler Mobility.

DAIMLER--Daimler Financial Services AG today becomes Daimler Mobility AG -- 24/07/2019

The Mobility House is based in Germany, Switzerland and California's Silicon Valley.

Renault - Alliance Ventures Invests In The Mobility House To Boost Electric Mobility - 27/6/2019

This explains why mobility startups like UBER, Tesla, Lyft, Careem, DiDi, Ride, Lime, Grab, Deliveroo, and BlaBlaCar--to name a few--have become household names in their respective markets.

Smart mobility in Lebanon

A spokesman said: "Our mission is simple - to provide high quality mobility products at 'Never Beaten Prices and Quality' to the elderly, infirm and disabled, whilst providing exceptional levels of customer service and aftercare."

Providing the best mobility products

The partnership will connect MTC's customers to transportation providers on the HERE Mobility Marketplace, providing users with the widest array of mobility options on a single multi-modal platform.

Medical Travel Companions (MTC) joins HERE Mobility Marketplace

Speaking about the initiative, Jasmine Shah, Vice Chairperson, DDC, said, "As the innovation think-tank of Delhi government, we are delighted to host the Urban Mobility Lab in Delhi.