explain the criteria used by UNDP and World Bank to classify different countries ?
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The criteria used by UNDP and world Bank to classify different countries is by using the process of averages but only difference is that world Bank only sees the average per capita income but UNDP sees the overall development.
Hence, their process of classifying is different.
Hope it helps u dear
Hence, their process of classifying is different.
Hope it helps u dear
Answered by
217
♦ United Nations Development Programme (UNDP) has used the criterion of Human Development Index to measure the development of countries. HDI is calculated on the basis of:
★ Per capita income : When the total national income of the country is divided by its population, we get the per capita income.
★ Life expectancy: It measures the average age of a person in a country. It helps us to know the health facilities of the country.
★ Literacy rate: Education is also one of the most important criteria for the development of a country.
♦ For World Bank comparing countries, their income is considered to be one of the most important attributes. Countries with higher income are more developed than others with less income.
I hope this answer helped you.
★ Per capita income : When the total national income of the country is divided by its population, we get the per capita income.
★ Life expectancy: It measures the average age of a person in a country. It helps us to know the health facilities of the country.
★ Literacy rate: Education is also one of the most important criteria for the development of a country.
♦ For World Bank comparing countries, their income is considered to be one of the most important attributes. Countries with higher income are more developed than others with less income.
I hope this answer helped you.
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