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Final answer:
A livelihood is a means of sustaining life by encompassing capabilities, assets, and activities for living sustainably and coping with challenges without depleting resources.
Explanation:
A livelihood is a means of sustaining or supporting life by encompassing capabilities, assets, and activities for a means of living. It includes material and social resources necessary for living sustainably and coping with challenges while maintaining or enhancing one's capabilities without depleting natural resources.
For example, when someone says they are a tax accountant or a circus clown, it not only reveals where their income comes from but also provides insights into their way of life, values, and daily routines. People's livelihoods are interconnected with their lifestyles and reflect aspects of their identity and priorities.
In essence, livelihoods are crucial for individuals' existence as they engage in work to secure the necessary means for survival and well-being, shaping their overall quality of life.
Learn more about Livelihoods here:
https://brainly.com/question/42039248
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