Why are so many young people facing poverty and lack of access to basic needs despite living in a developed country

This question is troubling because it highlights the fact that many young people in developed countries are facing significant economic challenges, despite living in a society with a high standard of living. Poverty and lack of access to basic needs can have a profound impact on the physical, mental and emotional well-being of young people, it can also prevent them from accessing education, healthcare, and other opportunities that are crucial for their development. This is a problem that shouldn't exist in a developed country. It is important to understand how such situations arise and address the root cause to improve youth's overall well being.