Step 1: Understanding spelling correction.
The task is to identify the word with the correct spelling.
Step 2: Analyzing each option.
- (A) Povearty: Incorrect due to misplaced "v" and "e".
- (B) Poverty: This is the correct spelling, referring to the state of being poor.
- (C) Pueverty: Incorrect spelling due to incorrect placement of letters "u" and "v".
- (D) Pioverty: Incorrect due to misplaced "i" and extra "o".
Step 3: Conclusion.
The correct spelling is Poverty (B).