Question

Explain two demerits of the World Bank criterion of comparing development of countries.​

Answer 1

Answer:

Answer: The main criterion used by the World Bank in classifying different countries is the per capita income or average income of a person in a country. Limitations of this criterion: ... One might have equitable distribution of income while the other might have great disparities between the rich and the poor.

Answer 2

Answer:

The main criterion used by the World Bank in classifying different countries is the per capita income or average income of a person in a country. Limitations of this criterion: ... One might have equitable distribution of income while the other might have great disparities between the rich and the poor.