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What is the role of social security in livelihood security?

Answer and explanation

Correct answer: Providing support in illness accident or old age

Direct answer: Option B is correct. Social security supports livelihood security by protecting a person or family when risks reduce the ability to work or earn. Illness may bring medical costs and lost wages; an accident may cause injury or disability; old age may reduce regular employment. Support such as insurance, pensions, medical assistance or other benefits can reduce this insecurity. The reasoning is: livelihood depends on income; illness, accident or old age can interrupt income; social security provides support during that interruption; therefore it strengthens livelihood security. Option A is wrong because social security aims to reduce uncertainty, not always create it. Option B is correct because it names major risks against which protection is provided. Option C is wrong because support does not reduce the value of work. Option D is wrong because social security does not make skills useless; it protects people while they face risks. Memory cue: social security is a safety net for difficult times.

Related tags

Social-SecurityLivelihood-SecurityProtection

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