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Poverty , the state of one who lacks a usual or socially acceptable amount of money or material possessions. Poverty is said to exist when people lack the means to satisfy their basic needs. Learn more about types and causes of poverty in this article. Poverty is a social condition that is characterized by the lack of resources necessary for basic survival or necessary to meet a certain minimum level of living standards expected for the place where one lives. The income level that determines poverty is different from place to place, so social scientists believe that it is best defined by conditions of existence, like lack of access to food, clothing, and shelter. People in poverty typically experience persistent hunger or starvation ... The word poverty comes from the old (Norman) French word poverté (Modern French: pauvreté), from Latin paupertās from pauper (poor). [7][page needed] There are several definitions of poverty depending on the context of the situation it is placed in. It usually references a state or condition in which a person or community lacks the financial resources and essentials for a basic standard of living. United Nations: Fundamentally, poverty is a denial of choices and opportunities, a violation ... Poverty refers to a lack of the necessities of life—food, shelter and clothing. In reality, poverty is more complex than that and includes other factors.