The factor of production that has the highest degree of mobility is?

1. Analyze the question The question asks which factor of production moves most easily, whether from place to place (geographical mobility) or from one use to another (occupational mobility).

2. Explain the concept Factor mobility is how easily a factor of production can be moved between locations or uses.

• Land: geographically immobile. You cannot move a piece of land, though it can be put to different uses.
• Labour: mobile, but not perfectly. Workers face barriers such as family ties, language, culture, cost of relocation, and the need for training before changing jobs.
• Capital: the most mobile. Money (financial capital) can be transferred instantly through banks or online transfers, and many capital goods such as vehicles, tools, and machines can be moved and reused in different industries.
• Entrepreneur: a form of human effort, so mobility is similar to labour, limited by personal and business ties.

3. Solution Compare the factors by ease of movement:

Land (immobile) < Entrepreneur and Labour (partly mobile) < Capital (highly mobile)

Capital, especially in the form of money, can move across towns, states, and even countries almost without restriction. This gives it the highest degree of mobility.

4. Answer The correct option is C. capital.

5. Exam tip Remember the order "Land is stuck, labour is sticky, capital is fluid." Think of money moving by bank transfer in seconds, while a worker needs to pack and relocate. If JAMB asks for the least mobile factor, the answer is land.