poverty
/ˈpɒvəti/ · po·ver·ty
noun
- The quality or state of being poor; lack of money. The charity aimed to alleviate poverty in the local community.
- Any deficiency of elements or resources that are needed or desired, or that constitute richness. The poverty of soil in the arid region made it difficult to grow crops.
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Did you know? The term 'poverty' has been used to describe not only financial lack but also a lack of knowledge, skills, or resources, highlighting the complexity of the concept.