What are the cause of income loss?

Income loss can result from various factors, including job loss due to layoffs, industry downturns, or personal circumstances such as illness or disability. Economic factors, such as inflation or recession, can also lead to reduced earnings. Additionally, changes in market demand or shifts in consumer behavior can negatively impact businesses, further contributing to income loss. Lastly, natural disasters or unforeseen events can disrupt livelihoods and economic stability.