The meaning of livelihoods

Livelihoods refer to the means by which individuals or communities derive income and sustenance to meet their basic needs. This can include a variety of sources such as employment, self-employment, agriculture, fishing, trading, and other income-generating activities. Livelihoods are essential for people to support themselves and their families, and can be affected by factors such as economic conditions, natural disasters, conflicts, and government policies. Livelihoods are often linked to socio-economic development, poverty reduction, and sustainable livelihood strategies.