Final answer:
The Age Discrimination in Employment Act specifically prohibits employment discrimination against individuals 40 years of age or older, not 18 years or older, making the statement false.
Step-by-step explanation:
The statement that The Age Discrimination in Employment Act (ADEA) prohibits employment discrimination on the basis of age of individuals 18 years or older is false. According to the ADEA, which was passed in 1967, it is unlawful for an employer to discriminate against any individual with respect to employment due to age, but the act specifically protects individuals who are 40 years of age or older. The protections include preventing discrimination in hiring, firing, layoffs, or denying benefits based on age. Amendments over the years have further clarified and strengthened these protections, highlighting the importance of eliminating age discrimination in favor of fair employment practices.