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“The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little.”

Franklin D. Roosevelt


Every human being needs a range of basic necessities, such as food, water, clothing, shelter, education, and health care, for his or her daily life. The economic condition of lacking these essential goods and services to meet basic needs of life is called poverty.

While poverty exists everywhere, it is most severe in developing countries, where more than one person in five lives on less than $1 a day – the threshold, which is being used by the World Bank to define extreme poverty. In 2001, over 1 billion people lived in extreme poverty and nearly half the world’s population (2.8 billion) lived on less than $2 a day.

In developed countries, poverty results in wandering homeless people and poor suburbs and ghettos. In these cases we talk about relative... (more)


 
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