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Wealth is the state of having an abundance of material possessions or financial resources. It is the ability to buy and enjoy luxurious items, travel to exotic locations and live a comfortable life. Wealth enables a person to have access to resources and opportunities that would otherwise be unavailable to those without financial means.Poverty, on the other hand, is the state of having an insufficient amount of material possessions or financial resources. It is characterized by lack of access to basic human needs such as food, shelter, healthcare and education. Poverty often results in limited opportunities, lower life expectancy, and a cycle of dependency on aid and assistance.In summary, wealth represents abundance and opportunity while poverty represents scarcity and lack of opportunity.
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