Question

4. What is the main criterion used by the World Bank in classifying different countries? What are the limitations of this criterion, if any?​

Answer 1

Answer:

The criterion used by World Bank: The average income, i.e. per capita income is the main criterion used by the World Bank in classifying different countries. The criterion used is per capita income. Limitations (a) It covers only the economic aspect ignoring factors like infant mortality rate, literacy rate, no attendance ratio for class I-V, etc which are important indicators for development.

Explanation:

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Answer 2

Explanation:

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