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Austerity vs Poverty - What's the difference?

austerity | poverty |

As nouns the difference between austerity and poverty

is that austerity is severity of manners or life; extreme rigor or strictness; harsh discipline while poverty is the quality or state of being poor or indigent; want or scarcity of means of subsistence; indigence; need.

austerity

English

Noun

  • Severity of manners or life; extreme rigor or strictness; harsh discipline.
  • Freedom from adornment; plainness; severe simplicity.
  • (economics) A policy of deficit-cutting, which by definition requires lower spending, higher taxes, or both.
  • * {{quote-news
  • , year=2012 , date=April 23 , author=Angelique Chrisafis , title=François Hollande on top but far right scores record result in French election , work=the Guardian citation , page= , passage=He said France clearly wanted to "close one page and open another". He reiterated his opposition to austerity alone as the only way out of Europe's crisis: "My final duty, and I know I'm being watched from beyond our borders, is to put Europe back on the path of growth and employment."}}
  • (obsolete) Sourness and harshness to the taste.
  • Antonyms

    * (severity of manners or life) comfort

    References

    *

    poverty

    English

    Noun

    (en-noun)
  • The quality or state of being poor or indigent; want or scarcity of means of subsistence; indigence; need.
  • * {{quote-magazine, title=Towards the end of poverty
  • , date=2013-06-01, volume=407, issue=8838, page=11, magazine=(The Economist) citation , passage=America’s poverty' line is $63 a day for a family of four. In the richer parts of the emerging world $4 a day is the '''poverty''' barrier. But '''poverty'''’s scourge is fiercest below $1.25 (the average of the 15 poorest countries’ own ' poverty lines, measured in 2005 dollars and adjusted for differences in purchasing power): people below that level live lives that are poor, nasty, brutish and short.}}
  • Any deficiency of elements or resources that are needed or desired, or that constitute richness; as, poverty of soil; poverty of the blood; poverty of ideas.
  • Synonyms

    * See also

    Antonyms

    * See also