What are the main criterion used by world bank for classifying countries..write any 2/3 limitations
Answers
Answered by
1
Explanation:
The main criterion used by the World bank in classifying different countries is Per capita income or Average Income.
annaaigi2278:
Limitations
The limitation of thiscriterion are: → It doesn't show distribution of income. → It also ignores other factors such as infant mortality rate, literacy level, healthcare, etc
Another question .. important precaution we should take while calculating GDP
While calculating the value of the goods produced we should only count the value of the final goods produced. We should not count or add the value of the intermediate goods because the value of the final goods already includes the value of the intermediate goods which are used in making the final goods
Tysm!!!!!!!
Answered by
1
Explanation:
world Bank classifies countries on the basis of per capita income.
However UNDP suggests to use health and education as indicators too.
Ok..what’s a big deal..I found the other one more understanding
ohh
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Thank you soo much... for u answer
Ur*
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And moreover, She answered me first
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