Economy, asked by mohdadil42, 1 year ago

How is world Bank compare the development countries in the world? Explain​

Answers

Answered by desi42
4

Answer:

Answer:

Economies are currently divided into four income groupings: low, lower-middle, upper-middle, and high. Income is measured using gross national income (GNI) per capita, in U.S. dollars, converted from local currency using the World Bank Atlas method.

Answered by ItzCherie15
1

Answer:

When it comes to income , the World Bank divides the world's economies into four income groups: high, upper-middle, lower-middle, and low. ... The income classification is based on a measure of national income per person, or GNI per capita, calculated using the Atlas method.

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