Economy, asked by sahilgod2361, 10 months ago

In what respect world bank classified different country. What are it's limitation

Answers

Answered by Anonymous
1

The Per Capita Income or Average Income is the main criterion used by the World Bank in classifying different countries.

The limitations of this criterion are:

→ It doesn't show distribution of income.

→ It also ignores other factors such as infant mortality rate, literacy level, healthcare, etc

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