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Pauperization (Noun)

A state of extreme poverty or destitution; "their indigence appalled him"; "a general state of need exists among the homeless".

Nouns denoting natural processes.

The long-term effects of unemployment and low wages have led to widespread pauperization of working-class families in the community.
The country's economic crisis has plunged millions of people into pauperization, making it challenging for them to access basic necessities.
Experts argue that gentrification can cause pauperization in urban areas as rising costs force low-income residents out of their homes.
Inadequate social safety nets have resulted in pauperization for many citizens who are struggling to make ends meet due to high living expenses.
As global income inequality rises, many communities face an alarming level of pauperization that is increasingly difficult to address through local resources alone.

The act of making someone poor.

Nouns denoting acts or actions.

The long-term effects of inflation can lead to widespread pauperization, making it difficult for low-income families to make ends meet.
Government policies aimed at addressing economic inequality can inadvertently contribute to the pauperization of vulnerable populations.
Economic instability can lead to rapid pauperization of previously thriving communities.
Cuts to social welfare programs often result in the pauperization of the most disadvantaged segments of society.
Systemic failures can accelerate the pauperization of individuals, perpetuating a cycle of poverty.