ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Geographical labor mobility refers to the level of flexibility and freedom that workers have to move from one region or locale to another in order to find gainful employment in their field.

Detailed explanation-2: -An accountant in Port Harcourt may move to Jos to continue to work as an accountant. Take note that it is the movement of labour or worker from one area ( e.g Port Harcourt) to another area (e.g Jos), that is called geographical mobility of labour.

Detailed explanation-3: -What Is Labor Mobility? Labor mobility refers to the ease with which laborers are able to move around within an economy and between different economies. It is an important factor in the study of economics because it looks at how labor, one of the major factors of production, affects growth and production.

Detailed explanation-4: -A migrant worker is a person who migrates within a home country or outside it to pursue work. Migrant workers usually do not have the intention to stay permanently in the country or region in which they work.

Detailed explanation-5: -Monetary cost: Housing shortages: Social ties: Education: Natural ability: Training: Capital: Class: