Economy, asked by bravo12345, 10 months ago

How are countries Classified & also state the reason for their classification?

Answers

Answered by rajeshdasari100
1

Answer:

for better administration on local and central authorities. for providing better service to the citizens of the country.

Answered by bhavanibhavs040
1

Explanation:

country’s level of development is how far it has grown economically, technologically and the quality of life people typically have.

Economic factors include income (how much money people earn), how secure people’s jobs are and standard of living (housing, personal mobility). It also includes physical factors such as diet, nutrition, fresh water supply, climate, environmental quality and hazards.

Based on GNI countries are classified into three main groups. These are high-income (developed) countries, newly emerging economies (emerging) and low-income countries (developing).

To develop underdeveloped countries and States

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