The 3-Pronged Approach to Livelihood Diversification in Rural Areas

by Jonathan Sullivan

The 3-Pronged Approach to Livelihood Diversification in Rural Areas Introduction Rural areas are home to a significant proportion of the world's population, but they often face a number of challenges, including poverty, food insecurity, and lack of access to basic services. Livelihood diversification is one strategy that can be used to address these challenges. Livelihood diversification refers to the practice of engaging in multiple income-generating activities in order to reduce risk and increase resilience. This can be done by farmers, pastoralists, fishers, and other rural residents. The 3-pronged approach to livelihood diversification is a framework that can be used to guide the development of livelihood diversification interventions in rural areas. The three prongs of the approach are 1. Market development This involves creating or expanding markets for rural products and services.

241 pages, Kindle Edition

Published September 28, 2024