Do Not Throw Your Used Jeans. Jeplan is Converting Them into Fuel

Japanese startup Jeplan is working to extract cotton fibre from used apparel and convert it to fuel.

The startup says that a ton of junked clothing can generate about 700 litres of ethanol.

Jeplan has raised about $13 million since it was founded in 2007 and counts Docomo and venture capital firm Jafco among its investors.

Factors of Production and their Rewards

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

Factors Affecting Geographical Mobility of Labour

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

Factors Affecting Occupational Mobility of Labour

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

EconoMaldives

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