Question

what are the main criterion used by world bank in classifying different countries? what are the limitations of this criterion, if any?​

Answer 1

World Bank only uses per capita income for measuring development in countries. World bank classifies the countries as rich or poor on the basis of per capita income.

Limitations :-

1. It does not show the distribution of income.

2. It also ignores the other factors such as infant mortality rate, literacy level and healthcare.

I hope you like it Palak !

Answer 2

Answer:

Per capita income is the main criteria used by world Bank in classifying different countries.

The limitations of this criteria are:

# It does not show distribution of income.

# It also ignores other factors such as IMR( infant mortality rate), literacy rate,health status and care etc.....