Poverty is the situation of not being able to satisfy the basic physical and mental needs of a decent life due to lack of resources such as food, housing, education, healthcare, drinking water or electricity. Poverty can affect a person, a group of people or an entire geographic region.
The sentence is false because according to the World Bank, work must be done on the following aspects to reduce the poverty:
1. Development and nutrition in early childhood
2. Universal access to quality education
3. Universal health coverage
4. Progressive taxation
5. Rural infrastructure