Who Would Be Included in the Labour Force

question 197

Multiple Choice

Who would be included in the labour force?

• A) Holly,instead of being paid,cares for children in exchange for room and board
• B) Tiffany,a full-time student not looking for work
• C) Cody,who does not have a job,but is looking for work
• D) Kara,who has interrupted her career to raise her two children

Differentiate between traditional ventures and social purpose ventures in terms of market impact.

Comprehend the role of venture philanthropy in supporting nonprofit organizations.

Acknowledge the importance of corporate social responsibility (CSR) in hybrid models of social entrepreneurship.

Understand the concept of social venture capital and its implications for economic development and social impact.

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Definitions:

Economic Duress

A situation where a party is forced to enter into a contract under severe financial pressure, making the agreement voidable.

Gallium Arsenide

A compound of gallium and arsenic that is used in semiconductor devices, including integrated circuits and photovoltaic cells.

Monopoly

A market structure characterized by a single seller, offering a unique product or service without close substitutes, leading to control over pricing.

Mutual Mistake

A legal doctrine where both parties entering into a contract have an incorrect belief about an important fact, potentially rendering the contract voidable.