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:

Question

Quizplus · Accepted Answer

Factor mobility refers to the ability of resources to move from one type of production to another. In this case, resources (such as labor and capital) that were previously used for the production of military goods were able to transition to the production of consumer goods after World War II ended. Therefore, factor mobility would be the most appropriate term to describe this economic phenomenon.

When World War II Ended Some Resources Moved Easily from the Production