Question

Give the meaning of ‘poverty’.

Answer 1

Poverty is the scarcity or the lack of a certain amount of material possessions or money.

Answer 2

Poverty is a lack or scarcity certain amount of money or material possessions. Poverty is one of the multifaceted concepts that may consist of political, social and economic elements.  

Extreme poverty, destitution or absolute poverty actually refers to an overall lack of means required for meeting the fundamental requirements of people that includes shelter, food and clothing.