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What was the War on Poverty?

Answer
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Hint: Poverty is described as a state or situation in which an individual or a community lacks the financial resources and necessities for a basic standard of living. Poverty is described as a situation in which one's earnings from work are insufficient to meet basic human needs.

Complete answer:
After 1963, Johnson declared war on poverty in order to alleviate poverty. The War on Poverty was a follow-up to Kennedy's Last Frontier, and it sought to combat poverty through government interference. Minorities including Hispanics and African Americans, as well as Native Americans, benefited from the new services.

The Economic Opportunity Act, which created the Office of Economic Opportunity (OEO) to manage the local application of federal funds targeted against poverty, was enacted as a result of the speech. The Act created forty programmes with the goal of eradicating poverty by improving living standards for residents of low-income communities and assisting the vulnerable in gaining access to economic opportunities that had previously been unavailable to them.

Johnson argued that extending the federal government's position in education and health care as poverty-reduction initiatives was a key component of the Great Society. The most well-known services inherited from this approach are Medicare and Medicaid, which provide free healthcare to the elderly and poor, respectively.

Note: The Office of Economic Opportunity was in charge of overseeing most of Johnson's anti-poverty projects, such as VISTA, Job Corps, Head Start, Legal Services, and the Community Action Network. Eleven of the twelve projects that OEO started in the mid-1960s are still going strong, with an annual budget of more than 10 billion.