Question

what are the main criteria used by World Bank in classifying different countries what are the limitation of this criteria​

Answer 1

Answer:

the money is the main criteria used by the world and limitation for the criteria is set up by the government

Answer 2

Answer:

Explanation:

WORLD BANK uses the criteria of Per capita income also known as Average income to classify different countries.

its limitation is that it does not classify how the money is distributed among citizens. Eg= In some countries money is in few hands and most of the people are poor which shows that the most people of the country has low standard of living