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{company, market, business}
{theory, work, human}
{household, population, female}
{country, population, people}
{black, white, people}
{food, make, wine}
{day, year, event}
{disease, patient, cell}
{area, community, home}
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Poverty is the lack of basic human needs, such as clean water, nutrition, health care, education, clothing and shelter, because of the inability to afford them.[1][2] This is also referred to as absolute poverty or destitution. Relative poverty is the condition of having fewer resources or less income than others within a society or country, or compared to worldwide averages. About 1.7 billion people live in absolute poverty; before the industrial revolution, poverty had mostly been the norm.[3][4]

Poverty reduction has historically been a result of economic growth as increased levels of production, such as modern industrial technology, made more wealth available for those who were otherwise too poor to afford them.[4][5] Also, investments in modernizing agriculture and increasing yields is considered the core of the antipoverty effort, given three-quarters of the world's poor are rural farmers.[6][7]

Today, economic liberalization includes extending property rights, especially to land, to the poor, and making financial services, notably savings, accessible.[8][9][10] Inefficient institutions, corruption and political instability can also discourage investment. Aid and government support in health, education and infrastructure helps growth by increasing human and physical capital.[4]


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