Question

Explain the classification of countries as per world development report 2006

Answer 1

Answer:

In 2006, the world development report to classify countries on the average income criterion. ... Countries with per capita income above Rs 4,53,000 per annum were considered to be high income countries and with Rs 37,000 or less were considered to be low income countries.

Explanation:

In 2006, the world development report to classify countries on the average income criterion.

The average of per capita income is the main criterion for comparing a developed economy with an under developed economy.

Countries with per capita income above Rs 4,53,000 per annum were considered to be high income countries and with Rs 37,000 or less were considered to be low income countries.

Answer 2

Answer:In 2006, the world development report to classify countries on the average income criterion. ... Countries with per capita income above Rs 4,53,000 per annum were considered to be high income countries and with Rs 37,000 or less were considered to be low income countries.

Explanation:

In 2006, the world development report to classify countries on the average income criterion.

Explanation:The average of per capita income is the main criterion for comparing a developed economy with an under developed economy.

Countries with per capita income above Rs 4,53,000 per annum were considered to be high income countries and with Rs 37,000 or less were considered to be low income countries.

By Abhay