CBSE BOARD X, asked by UnTitled, 10 months ago

Describe the different indicators of Development.
Economics ch.1

Answers

Answered by Adityaanand20

3

Answer:

(i) The main criterion used by the World Bank in classifying different countries is Per Capita Income. ... (iii) The countries with Per Capita Income of US $ 1045 or less are called low-income countries. (i) Per Capita Income or Average Income is an important indicator of economic development of the country

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