Question

explain the Criterion given by World bank to classify countries has higher metal and low income countries

Answer 1

The world development reports brought out by the world bank provides criterion which is used to classify countries . Countries with per capita income odmf US $ 12616 per annum and above in 2012 are called rich countries or developed countries. Countries with per capita income of US $ 1035 and below per annum is considered to be low income country or unde developed countries.