Economy, asked by shrijal70, 1 year ago

how countries are divided into rich middle class and poor countries on the basis of per capita income​

Answers

Answered by shivalipatro
1

Answer:

One unofficial threshold for a country with a developed economy is a GDP per capita of $12,000. Some economists prefer to see a per capita GDP of at least $25,000 to be comfortable declaring a country as developed

basically countries having per capita income lesser that $12,000 are considered poor, above $25,000 are considered rich and between $12,000 and $25,000 are considered to be middle class countries.

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shrijal70: thanks
shivalipatro: WLCM BUDDY PLS MARK AS BRAINLIEST
shrijal70: ok
shrijal70: it's not asking for brainliest answer
shivalipatro: once some other user answers ur question, it will ask
shrijal70: okk
shrijal70: thnx for giving the answer once again
shivalipatro: my pleasure
shrijal70: in which class you are?
Answered by aryanxavier2
1

Answer: countries with per capita income of above 12736$ in 2013 are known as rich countries and countries with per capita income below 1045$ are known as poor countries

India falls in low middle category because it's income was 1540$ in 2013

Explanation:

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