Poverty is the lack of basic necessities like food, water, shelter, education and healthcare. Third world countries, located mostly in Africa, Asia and Latin America, have high rates of poverty. Four factors that cause poverty in third world countries are income inequality, conflicts, natural disasters, and lack of education and healthcare access. Poverty has major impacts like hunger, lack of sanitation, high birth rates, unemployment, and social issues. Bangladesh is used as an example, with 13% of its 165 million people living below $2 per day. Reducing poverty requires job creation, income redistribution, skills training, and microcredit programs.