What is one simple way to reduce risk in livelihood?

Correct answer: Keeping diversity in skills and income sources

The direct answer is B: keeping diversity in skills and income sources. Livelihood risk means the danger that a person or family may lose earnings because of illness, unemployment, crop failure, changing demand, or another shock. Diversification reduces this danger. Step one is to learn more than one useful skill; step two is to avoid depending on only one kind of work; step three is to maintain more than one possible income source where practical. If one activity fails, another may continue. Option A increases risk because one failed source can remove all income. Option B spreads risk and can improve adaptability, so it is correct. Option C is wrong because stopping savings removes an important safety cushion. Option D is wrong because avoiding training can make skills outdated and reduce opportunities. Diversification does not guarantee success, but it generally makes a livelihood more secure. Memory cue: many skills and income streams act like several supporting legs of a stool.