The government budget balance, also alternatively referred to as general government balance, public budget balance, or public fiscal balance, is the overall difference between government revenues and spending.
Type Definition Reward Land Labour Capital Enterprise All natural resources The physical and mental works of people All man made tools and machines All managers and organizers Rent Salary/Wage Interest Profit/Loss
Geographical Mobility of Labour refers to the movement of workers from one place to another place. It depends upon; · cost of housing · cost of relocation · availability of social amenities · family ties etc
Occupational Mobility of Labour refers to the movement of workers from one occupation to another occupation. It depends upon; · the facilities for training and retraining · wage differentials · job security · future prospects · fringe benefits etc