Livelihood

A livelihood is the means of securing the necessities of life, such as food, clothing, and shelter, typically through employment or other economic activity. It encompasses the resources, capabilities, and activities required to provide a secure and sustainable way of living. This can involve formal employment, self-employment, subsistence farming, or other income-generating activities. The concept often highlights the economic and social aspects of a person's or community's existence, including their ability to access essential resources and maintain a certain standard of living. The stability and resilience of a livelihood are crucial for individual well-being and societal development.

Livelihood meaning with examples

• After losing his job, John was forced to seek alternative sources of livelihood to support his family. He started a small carpentry business, gradually building his client base and ensuring his financial stability. The entrepreneurial spirit helped him navigate uncertain economic times and meet his family's basic needs through honest work and dedication.
• The community's traditional livelihood, based on fishing, was threatened by pollution. They adapted by forming a cooperative, engaging in sustainable practices. This created economic security while preserving the natural environment, demonstrating how communities can preserve their well-being.
• The government implemented programs to improve the livelihoods of farmers in rural areas. They provided access to credit, training, and new technologies, enabling them to increase their productivity and income, thus improving their livelihoods.
• For many, their livelihood depends on the health of their local ecosystem. As the ecosystem degrades, this harms their way of life, and often leads to instability. Consequently, they face difficulties in accessing basic resources like food, clean water, and other necessities.