What is the correct meaning of the word livelihood

what is the correct meaning of the word livelihood

The word “livelihood” refers to the means by which someone earns money and secures the necessities of life, such as food, shelter, and clothing. It encompasses the activities, resources, and capabilities that enable individuals or households to make a living. Livelihoods can include various forms of employment, self-employment, or other economic activities that provide income.

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