The definition of livelihood is the way you make your living and pay for the basic things you need in life.
A product is an item offered for sale. A product can be a service or an item. It can be physical or virtual or cyber form. Every product is made at a cost and each is sold at a price.
Examples of products are as follows:
Service is defined as repairing, maintaining, or providing something to someone. An example of service is fixing a broken washing machine. An example of service is providing appetizers to a group of people at a restaurant.
Agriculture is an important source of livelihood for the majority of rural people. It is estimated that 2.5 billion of the developing world's 3 billion rural inhabitants are in households involved in agriculture, with 1.5 billion of these in smallholder households.
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