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Poverty describes a wide range of circumstances associated with need, hardship and lack of resources, as well as the decision by some—e.g. ascetics , monks, and nuns—to live simply.

For some, poverty is a subjective and comparative term; for others, it is moral and evaluative; and for others, scientifically established. The principal uses of the term include

A person living in the condition of poverty is said to be poor.

1 Defining poverty

Poverty may be seen as the collective condition of poor people, or of poor groups, and in this sense entire nation-states are sometimes regarded as poor. To avoid stigma these are usually called developing nations.

Poverty is often strongly correlated with social problems, such as crime and disease (notably sexually transmitted diseases), sometimes in epidemic form. As a result, many societies employ social workers to fight poverty by a variety of methods which range from moral persuasion to financial subsidyA subsidy is a grant or monetary gift given by a private person or entity (often a government) to another private person or entity, as financial assistance or to help launch an enterprise. Critics of government interventions in free markets often use a wi to physical coercion.

There is evidence of poverty in every region. In developed countries, this condition results in wandering homelessHomelessness is a situation in which a person does not have a permanent place of residence. This is distinguished from nomadic cultures where that condition is considered normal. There are a number of causes of homelessness. In areas with high unemploymen people and poor suburbs (with so-called bidonvilles or favelaFavela is a term used commonly in Brazil to describe Shanty Towns and slums (on a lesser degree). The favela is fundamentally different from inner-city slums and tenements (the type of poor people's housing prevalent in the developed world). However, dues) in which poor people are - more or less - restricted to a ghettoThe name ghetto refers to an area where people from a given ethnic background or united in a given culture or religion live as a group, voluntarily or involuntarily, in milder or stricter seclusion. The word historically referred to restricted housing zon.

The condition in itself is not always considered negatively, even if this is the prevalent interpretation: some cultural or religious groups consider poverty an ideal condition to live in, a condition necessary in order to reach certain spiritual or intellectual states. A notable example is that of the Christian Franciscan order. This is called voluntary simplicity, of which voluntary poverty is an extreme form.

Poverty is studied by many social, scientific and cultural disciplines.

Related debates on a states' human capital and a person's individual capital tend likewise to focus on access to the instructional capital and social capital available only to those educated in such formal systems.





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