Poverty
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Poverty is not having enough money to have important things like food, water, shelter, or toilets. Many people in different countries live in poverty, especially in developing areas of Africa, Latin America and Asia.
There are different ways to measure poverty. The World Bank says that extreme poverty is when someone needs to live on less than US$ 1 a day (that dollar is an ideal one. It has been adjusted to rule out certain effects of inflation, and other price level differences). Moderate poverty is when people need to live on less than 2 such dollars a day. In the year 2001, 1,100,000,000 people were seen as extremely poor, and 2,700,000,000 were seen as moderately poor.
In the developed world this does not apply. There, many people are seen as the working poor. They have a job, but do not earn enough money. They need to spend a lot of that money for living expenditures, so that at the end of the day, little of it is left.
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