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

What is the main expert-level purpose of livelihood diversification?

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Answer and explanation

Correct answer: Reducing risk and making income sources more stable

Diversification gives protection from shocks. In exams connect diversification with risk management.

Tags

livelihood-diversificationrisk-managementincome

Frequently asked questions

What is the correct answer to this question?

Reducing risk and making income sources more stable

Why is this the correct answer?

Diversification gives protection from shocks. In exams connect diversification with risk management.

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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