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
Barriers to Occupational Mobility of Labour · Lack of natural abilities · Lack of qualification · Cost and length of training · Discrimination · Ignorance of available job opportunities Ways to increase Occupational Mobility of Labour · By providing training and retraining · By organizing job centers