ENTREPRENEURSHIP

ENTREPRENEURIAL OPPORTUNITIES

IDENTIFYING AND EVALUATING BUSINESS OPPORTUNITIES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What does EAP stand for?
A
Economically Active Population
B
Economically Affluent Population
C
Endangered but Active Population
D
Enormously Affluent Population
Explanation: 

Detailed explanation-1: -Underemployment: Economically Active Population, is to serve as a reference material to all those intending to train practitioners in the use and production of labour statistics referring in particular to statistics of the economically active population (EAP).

Detailed explanation-2: -The economically active population The “economically active population” comprises all persons of either sex who furnish the supply of labour for the production of economic goods and services as defined by the United Nations systems of national accounts and balances, during a specified time-reference period.

Detailed explanation-3: -According to the International Labour Organization (ILO) definition, the active population includes employed and unemployed persons, both concepts defined according to the ILO definitions.

Detailed explanation-4: -The labour force or workforce or economically active population, also shortened to active population, includes both employed (employees and self-employed) and unemployed people, but not the economically inactive, such as pre-school children, school children, students and pensioners.

There is 1 question to complete.