Armut, or poverty, refers to the state where individuals or groups lack sufficient financial resources to meet basic needs such as food, shelter, and clothing. It can result from various factors, including unemployment, low wages, and lack of access to education or healthcare. Poverty can be measured in absolute terms, where people live below a specific income threshold, or in relative terms, comparing their economic status to the broader community. Poverty affects millions worldwide and can lead to social issues like crime, poor health, and limited opportunities. Organizations like the United Nations and World Bank work to address poverty through various initiatives aimed at economic development and social welfare.