This document discusses poverty, including its definition, facts about poverty globally, and its effects. Almost half the world lives on less than $2.50 a day, and the poorest 40% of people account for only 5% of global income. Poverty leads to widespread diseases and hunger, illiteracy, homelessness, and violence. Solutions proposed to reduce poverty include creating jobs to generate income, as well as new inventions to provide access to necessities like water and electricity.