Final answer:
Low-income countries involve increased urbanization, lower wages than advanced countries, high literacy rates, and education.
Step-by-step explanation:
Low-income countries involve increased urbanization, lower wages than advanced countries, high literacy rates, and education. These countries are economically underdeveloped and face challenges in eradicating social ills that inhibit their growth. To improve their standards of living, low-income countries should focus on health, education, and creating a stable macroeconomic and political environment. This will attract foreign aid and investment.