Which type of market linkage can make a traditional artist income more secure?
Answer and explanation
Correct answer: A combination of regular customers, online platforms and local sales
A combination of regular customers, online platforms and local sales diversifies the artist’s sources of income. If sales fall in one market, income may still come from the other channels, making earnings more stable and secure. Depending on only one buyer increases risk. Exam tip: use the terms “market diversification” and “regular customers” when explaining income security.
Frequently asked questions
What is the correct answer to this question?
A combination of regular customers, online platforms and local sales
Why is this the correct answer?
A combination of regular customers, online platforms and local sales diversifies the artist’s sources of income. If sales fall in one market, income may still come from the other channels, making earnings more stable and secure. Depending on only one buyer increases risk. Exam tip: use the terms “market diversification” and “regular customers” when explaining income security.
Which subject and chapter does this question cover?
This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Traditional occupations in India - Visual arts.
