Question

When World War II ended some resources moved easily from the production of military goods to the production of consumer goods which is referred to in economics as:
a.Factor mobility.
b.Capital adaptation.
c.Production equality.
d.Resource flexibility.

Answer 1

Answer: Factor Mobility

Explanation:

Factors of production can be moved between organisations within the same industry  or between different  industries  within the same country . Factor mobility refers to the ability by which the factors of production which are labor, capital, or land can be moved out of one production process  to another which was observed when the When World War II ended and some resources moved easily from the production of military goods to the production of consumer goods.