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Class 11Home ScienceWork, Livelihood and CareerWork and meaningful workMediumLevel 1

What is the benefit of diversification in rural livelihood?

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Answer and explanation

Correct answer: Reducing risk by creating multiple income sources

Diversification can reduce the effect of weather or market shocks. In exams write risk reduction as the main benefit.

Tags

rural-livelihooddiversificationrisk

Frequently asked questions

What is the correct answer to this question?

Reducing risk by creating multiple income sources

Why is this the correct answer?

Diversification can reduce the effect of weather or market shocks. In exams write risk reduction as the main benefit.

Which subject and chapter does this question cover?

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

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