👉 Livelihoods are the activities or situations that people pursue in order to meet their basic needs and fulfill their aspirations. These include sources of income, such as employment, savings, investments, and other financial resources. Livelihoods can be defined as the conditions under which individuals exist and participate in society.
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What is the definition of Livelihood? 🙋
👉 Livelihood is a concept that refers to the economic and social activities or circumstances of people who are employed in their daily lives. It encompasses a variety of activities such as farming, fishing, forestry, manufacturing, service work, retailing, and trade. The focus is on how individuals obtain income from these activities and how they contribute to the overall well-being of society.
