Types of mobility of factors of production
- Geographical mobility of a factor of production; is the ease with which a factor of production can be moved from one geographical area to another. For example a doctor moving from Nairobi to Kampala, an Entrepreneur moving from Mable to Gulu.
- Occupational mobility of a factor of production. This refers to the ease with which a factor of production can be transferred from one occupation to another. For example office practice teacher becoming a secretary, an accounts teacher becoming an accountant etc.
CATEGORIES Economics
TAGS Dr. Bbosa Science
