Poverty is not only economic but also social, discuss in no more than three paragraphs?

“No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable.”
ECONOMIST Adam Smith made that statement back in the 18th century. Many are convinced that the truth of what he said is even more obvious today. The contrast between the haves and the have-nots has become even starker. In the Philippines, one third of the population live on less than $1 (U.S.) per day, an amount that is often earned in minutes in wealthier nations. The United Nations Human Development Report 2002 says that “the richest 5% of the world’s people have incomes 114 times those of the poorest 5%.”
Only a new government can eliminate poverty or give equal rights to mankind Daniel
2:44 This kingdom government is already set up. For more information on this subject and others. please go to jw.org for free downloads, publications or read online.