Poverty and (Economic) Inequality Defined, Explained and Compared in One Minute

Many people believe that poverty and inequality (economic inequality, income inequality and so on) are the same thing but... well, they're not. As explained in this video, poverty and economic inequality sometimes paint a remarkably different picture of reality. In other words, as the definitions as well as explanations you'll come across in this video illustrate, poverty may very well go down when it comes to let's say a certain country, whereas income inequality increases.