“ POVERTY AND SOCIAL LIFE” Poverty is defined as a condition in which a person or family lacks the financial resources to afford a basic, minimum standard of living. Poor people don’t have adequate income; they can’t afford housing, health facilities and education which is essential for basic survival. So, poverty can be understood simply as a lack of money, or more broadly, barriers to everyday human life. Every country has its own measure for poverty. However, a widely recognized authority on the topic of “extreme poverty” is the World Bank. The Bank keeps a metric called the International Poverty Line and, as of 2015, set the definition of extreme poverty as those who live on less than US$1.90 per day. (Those living on between $1.90-$3.10 per day are classified as the “moderate poor.”) This number is based on the monetary value of a person’s consumption rather than income alone. CAUSES OF POVERTY Poverty is an excepti