Question:

Write the sources to increase family income.

Show Hint

Family income can increase through employment, small businesses, agriculture, and income from investments or property.
Hide Solution
collegedunia
Verified By Collegedunia

Solution and Explanation

Step 1: Employment or service.
Regular employment or salaried jobs of family members are one of the main sources of family income. Both government and private sector jobs contribute to the financial stability of the family.

Step 2: Small business or self-employment.
Family members may start small businesses such as tailoring, handicrafts, food preparation, or retail shops, which can help increase family earnings.

Step 3: Agriculture and livestock activities.
Farming, dairy production, poultry farming, and other agricultural activities can serve as additional sources of family income, especially in rural areas.

Step 4: Investment and savings.
Income can also increase through interest from savings accounts, fixed deposits, rent from property, or returns from investments.
Was this answer helpful?
0
0