Give a thorough definition of poverty as suggested by experts

Contrary to popular belief that poverty is defined by the financial wealth of a person, experts define poverty in terms of living situations. Instead of focusing only on materialistic properties, experts look at the individual's life as a whole. Experts take into account the number of social activities the individual is exposed to, as well as the individual's accessibilities such as running water and a built-in shower or bath. In other words, experts define poverty as not having the things in life that are necessary to live a wholesome life - including social interaction and holidays.