Discuss economic growth in less developed countries (LDCs). Economic Inequality is the wealth difference between individuals and populations. There are different size houses, cars, activities, schools, and even just the environment. If you walk through a highly populated urban area you are likely to find different wealth population neighborhoods, almost segregated by income brackets. These differences indicate an economic inequality. You can also apply this same concept on a wider scale. If you take income per capita, you can basically label a country as a less-developed country (LDC). Less developed countries have less humane assets and less income per capita. Criteria for being on the Less developed country list is have a per capita income threshold at $1,018, human assets, and vulnerability to external shocks. Less developed countries are more likely to be affected by economic and environmental issues on a small scale, than a more developed country could overcome. For example, Angola. Angola was scheduled to leave the Less developed country list in 2020/2021, but due to the covid-19 pandemic reaching them they experience an economic and health crisis. Angola relies on their oil exports for their economic growth and the decline of oil prices took a toll on their economy. The UN provided Angola a three-year extension before they could graduate off the LDC list. Since the least developed countries list was created in the 1970's only 5 countries had graduated from that category, until Vanuatu. Vanuatu was scheduled to graduate with Angola in 2020/2021, but unlike Angola they made it off the list. It took the country 27 years since they first became eligible to graduate the list. They had fallen from being eligible when the requirement for economic and environmental vulnerability horamn : FQllierDh+ Thn rnllni-ru imnr'nuorl ci-anrlar'nlc n'F