Income security refers to the assurance that individuals or families have a stable and sufficient income to meet their basic needs, such as food, housing, and healthcare. It is essential for maintaining a decent standard of living and can be influenced by various factors, including employment opportunities, wages, and social safety nets. Governments often implement programs to enhance income security, such as unemployment benefits, social security, and minimum wage laws. These initiatives aim to protect individuals from economic hardships and ensure that everyone has access to the resources necessary for a healthy and productive life.