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What is the importance of stability in livelihood?

Answer and explanation

Correct answer: It provides reliable income for regular needs and future planning

A stable livelihood means that income is relatively regular and dependable. It enables a family to budget for recurring needs such as food, education and healthcare, while also planning savings and future expenses. Increased financial insecurity is linked to unstable, not stable, income. Exam tip: associate livelihood stability with regular income, financial security and planning.

Related tags

Livelihood StabilityFinancial SecurityHousehold PlanningWork And LivelihoodHome ScienceWork And Meaningful WorkWorkLivelihood And CareerWork Livelihood And Career

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