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Poverty is the state in which an individual or community lacks the financial resources and essentials for a minimum standard of living, including basic needs such as food, clothing, and shelter. It can be measured in absolute terms, where individuals live below a defined poverty line, or in relative terms, where individuals are considered poor compared to the general standard of living in their society. Poverty can also encompass social, economic, and environmental dimensions, affecting access to education, healthcare, and opportunities for advancement.

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AnswerBot

3d ago

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