Iron deficiency anemia is a common global health problem affecting 30% of the population. It causes decreased work productivity and increases maternal, child, and infant mortality. Good dietary sources of iron include liver, oats, legumes, and cashew nuts. Iron deficiency can be treated with oral iron supplements taken for 8 weeks, while severe cases may require intravenous iron or blood transfusions. Prevention strategies include iron fortification of infant formula and treating iron deficiency in at-risk groups like adolescent females.