Economics Supply And Demand Questions
Poverty refers to a state or condition in which individuals or households lack the financial resources or income necessary to meet their basic needs and enjoy a minimum standard of living. It is often characterized by a lack of access to essential goods and services such as food, shelter, healthcare, education, and clean water. Poverty can be caused by various factors including unemployment, low wages, limited access to education and healthcare, discrimination, and economic inequality. It is a complex issue that affects individuals, families, and communities, and can have significant social, economic, and political implications.