Economic Definition of geographic mobility. Defined.
Offline Version: PDF
Term geographic mobility Definition: The mobility, or movement, of factors of production from a productive activity in one location to a productive activity in another location. In particular, geographic mobility is the ease with which resources can change locations. For example, a worker leaves a job in one city and takes a job in another city. Some factors are highly mobile and thus are easily moved between cities, states, and even countries. Other factors are highly immobile and not easily relocated. You might want to compare geographic mobility with occupation mobility, the movement of factors from one type of productive activity to another type of productive activity.
« general strike | Giffen good »
Permalink: https://glossary.econguru.com/economic-term/geographic+mobility