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In which situation will livelihood be considered more resilient?

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Answer and explanation

Correct answer: When savings, useful skills, and alternative income sources are available

A resilient livelihood enables a family to cope with difficulties such as illness, unemployment, disaster, or a fall in income. Savings support immediate needs, useful skills help in finding new work, and alternative income sources reduce dependence on one source. Having only one unstable income source makes a livelihood less resilient. Exam tip: Link livelihood resilience with savings, skills, planning, and diversified income sources.

Tags

livelihood resiliencesavingsalternative incomeemployability skillsrisk managementhome science

Frequently asked questions

What is the correct answer to this question?

When savings, useful skills, and alternative income sources are available

Why is this the correct answer?

A resilient livelihood enables a family to cope with difficulties such as illness, unemployment, disaster, or a fall in income. Savings support immediate needs, useful skills help in finding new work, and alternative income sources reduce dependence on one source. Having only one unstable income source makes a livelihood less resilient. Exam tip: Link livelihood resilience with savings, skills, planning, and diversified income sources.

Which subject and chapter does this question cover?

This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Work, careers and livelihood.

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