Poverty is the state of one who lacks a certain amount of material possessions or money. Absolute poverty or destitution refers to the deprivation of basic human needs, which commonly includes food, water, sanitation, clothing, shelter, health care and education. Relative poverty is defined contextually as economic inequality in the location or society in which people live. the economies of developed countries continue to grow but with that, the size of the world's poor continues to increase.
Have you read about the Sustainable Development Goals? Do you know the progress made in eradicating poverty?