Present day
Increasingly poverty is not seen solely in terms of deficiencies in production and income, but also in terms of wider social factors that limit poor people's access to and control over their resource base, and limit their ability to convert resources into positive livelihood outcomes.
Poor people may be poor for many reasons, not merely as a result of a lack of resources, but out of weak entitlements to convert resources into livelihood outcomes - for example, low or volatile prices or lack of market demand for poor people's products.