Final answer:
In low-income countries, income distribution is often highly unequal, resulting in a high degree of inequality within their borders. The level of poverty varies among these countries, with some having lower poverty rates than others. African income levels have been dropping relative to the rest of the world, making Africa as a whole relatively poorer.
Step-by-step explanation:
In low-income countries, income distribution is often highly unequal, resulting in a high degree of inequality within their borders. While everyone is poor in these countries, the level of poverty varies, and some countries have lower poverty rates than others. For example, South Africa and Egypt have lower poverty rates compared to Angola and Ethiopia in Africa.
African income levels have been dropping relative to the rest of the world, making Africa as a whole relatively poorer. Many low-income countries, including those in the Global South, face issues such as limited access to healthcare, education, and infrastructure, and are more vulnerable to natural disasters and the effects of climate change.
The World Bank ranks countries based on income, and the ten lowest income countries often share common traits such as failures of their governments to provide a legal framework for economic growth, civil and ethnic wars, corruption, and political factionalism.