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Which example shows diversified income sources for a traditional artist?

Answer and explanation

Correct answer: Income from selling original paintings, conducting workshops, and making small handmade products

Selling original paintings, conducting training workshops, and making small handmade products are three different sources of income. Therefore, option A shows income diversification, which can help sustain an artist’s earnings if one customer or one type of sale declines. Option B depends on only one customer, so it is not diversified income. Exam tip: Link diversified income sources with reduced financial risk and a more stable livelihood.

Related tags

Traditional ArtistsVisual ArtsIncome DiversificationLivelihood SecurityHome ScienceCareer OptionsTraditional Occupations In India Visual ArtsWorkLivelihood And Career

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