Yes and No, great numbers of those in poverty are just widely misinformed about how the world functions on an microeconomic (owning a small biz,investing,saving, and budgeting) scale. While somewhat understanding macroeconomics(big retail chains,material purchase that aren't needs, and zero savings). Misinformation is the biggest handicap that all of us battle everyday, being able to distinguish between valid and invalid info.
I can a test because i was homeless for 5 years and reading money wise books was able to left myself out of poverty(5.3 million annually renting houses), not because i had more money. One thing i learned is that money is a illusion the sooner you understand it the better you you will become at control,inventing, and making more. You only live once and i would rather spend another 5 yrs in the gutter before I waste my life making money foe someone else. sorry if it's lengthy kinda hit close to home, Pike's is just guessing.