Question

adject-Economics
Compare your country with one developed and one underdeveloped country based on World Bank
UNDP Criteria.
hit. Economic

Answer 1

Explanation:

The World Bank assigns the world's economies into four income groups — high, upper-middle, lower-middle, and low. In each country, factors such as income growth, inflation, exchange rates, and population change, influence GNI per capita.

Country Classifications

Developed countries are countries with economies that have high growth and security when looking at the gross domestic product per capita income, and general standard of living, among other factors. Examples include the United States and Western Europe.