low-in come countries

[me78]

Hi, do you think that the verb "lack" means to need or it means there is not enough, e.g.
The arrival of foreign banks means more oppurtinities for low-in come countries, which might otherwise lack banking options."
And what does it mean "low-in come" countries? thanks

[dzmitry]

Originally Posted by me78

And what does it mean "low-in come" countries? thanks

I've found right variant of this phrase "The arrival of foreign banks means more opportunities for low-income countries, which might otherwise lack banking options." It's from http://www.economist.com/finance/dis...ory_id=7891322 :)

[me78]

this article I've already read, but what does it lack means, makes them not so strong, right?

[englishstudent]

Originally Posted by me78

Hi, do you think that the verb "lack" means to need or it means there is not enough, e.g.
The arrival of foreign banks means more oppurtinities for low-in come countries, which might otherwise lack banking options."
And what does it mean "low-in come" countries? thanks

"lack" means "to have none or not enough of something"

"low-income countries" means countries where the income (earnings) of
people is low

So, this sentence is saying that the arrival of foreign banks creates/provides
more opportunities for countries where the incomes are low. Otherwise
(if the foreign banks did not come in), there may be no, or not enough
banking options.

Hope this helps.

[me78]

thanks, now it's all right, good job englishstudent