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What is poverty?
Poverty is a state of being where a person or a community lacks sufficient resources to meet their basic needs for food, shelter, clothing, healthcare, education, and other essential goods and services. It is a multidimensional concept that encompasses not only income but also access to education, healthcare, sanitation, and other social services, as well as social exclusion and vulnerability to various forms of exploitation and abuse.
Poverty is often measured in terms of income or consumption, with individuals or households falling below a certain threshold considered to be living in poverty. However, poverty can also be understood in broader terms, including social, economic, and political exclusion, lack of opportunities, and limited access to resources and services.
Poverty can have significant negative impacts on individuals, families, and communities, including poor health outcomes, reduced educational opportunities, and limited social mobility. Addressing poverty requires a comprehensive approach that addresses its multidimensional nature and involves a range of stakeholders, including government, civil society, and the private sector.