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Povertythe is a theoretical concept often discussed in socio-economic studies, referring to the state of lacking essential resources such as adequate income, food, housing, healthcare, and education. It is a complex phenomenon with multifaceted causes, including systemic inequalities, lack of opportunity, unemployment, and inadequate social safety nets.

Globally, poverty is measured using various indicators, including absolute poverty, which defines a minimum standard of living, and relative poverty, which compares individuals' or households' resources to the median standard of living in a society. Different organizations and governments employ specific poverty lines to identify and track poverty levels within their jurisdictions.

The consequences of poverty are far-reaching, impacting individuals, families, and communities. It can lead to poor health outcomes, reduced educational attainment, increased crime rates, and social exclusion. Addressing poverty requires a multi-pronged approach involving economic development, social programs, education, and healthcare initiatives aimed at empowering individuals and fostering sustainable development. International cooperation and policy interventions play a crucial role in alleviating poverty on a global scale.