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Impoverishment (Noun)

The act of making someone poor.

Nouns denoting acts or actions.

The economic policies led to the impoverishment of the working class, leaving many without stable jobs or a steady income.
The natural disaster resulted in the impoverishment of thousands of people who lost their homes and livelihoods.
The government's austerity measures have been criticized for causing the impoverishment of vulnerable populations, such as the elderly and the disabled.
The long-term effects of colonialism have been cited as a major factor in the impoverishment of indigenous communities around the world.
The closure of the factory led to the impoverishment of many families who relied on the plant for employment and income.

The state of having little or no money and few or no material possessions.

Nouns denoting natural processes.