Question

What are the 2 basic tools used for comparing an under developed country with a developed one ? What organisations develop these tools.

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Answer 1

heya dear user
here is ur answer

Q - what are the basic tools used to comparing an under developed and developed coumtry
→ for comparing countries , their income is considered as the most basic attributes
→ the countries with the higher income are developed countries
→ the countries with low per capita income are considered to be as an under developed countries
→ the total income is not so important for comparing countries , so the world bank use average income ( per capita income for the comparing of countries .

Note - per capita income is only one factor to compare countries so the undp use other criteria to compare countries .

☆ undp published the human development index which check the several factors of a country
→ per capital income or average income of the country
→ life expanctacy of birth of the population
→ literacy rate of the country

human development index published by united nations development programme is better criteria to compare the countries into developed , under development and developing countries . as compared to the criteria used by the world bank


hope it helps

Answer 2

Hii

Here is your answer -

(i) On the basis of per capita income :- In World Development Report 2006, brought out by the World Bank, this criterion is used for classifying countries. Countries with per capita income of Rs. 4,53,000 per annum and above in 2004, are called rich countries and those with per capita income of Rs. 37,000 or less are called low-income countries.

(ii) On the basis of Human Development Index :- According to this criteria the countries are ranked on the basis of life expectancy, literacy rate and health status etc.