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Poverty is a state of deprivation in which individuals or households lack the resources to meet their basic needs. In economics, poverty is defined as a lack of access to resources, goods, and services that are necessary for a minimum standard of living. This includes access to food, shelter, healthcare, education, and other basic needs. Poverty is often measured by income, but it can also be measured by access to resources, such as access to clean water, sanitation, and other basic services.
The poverty market is a subset of the global economy that focuses on providing goods and services to those living in poverty. This market includes organizations that provide basic needs such as food, shelter, healthcare, and education. It also includes organizations that provide financial services, such as microfinance, to those living in poverty.
Some companies in the poverty market include Grameen Bank, BRAC, Kiva, and Opportunity International. These organizations provide financial services, such as microfinance, to those living in poverty. Other organizations, such as the World Food Programme, provide food and other basic needs to those living in poverty. Show Less Read more
