The document discusses the effects of poverty on children's development. It notes that poverty can negatively impact children's cognitive development, physical health, and socio-emotional development. Growing up in poverty is associated with lower academic achievement, more behavioral issues, poorer health outcomes like higher rates of illness, and poorer performance on cognitive tests. Poverty places children at risk by limiting resources in the home, impacting parental interactions, and reducing access to services and opportunities in impoverished neighborhoods.