Question

What criteria are used by the World Bank to classify countries?

Answer 1

Answer:

Explanation:

The main criterion used by the World bank in classifying different countries is Per capita income or Average Income. 1) According to world development report, the countries with per capita income of US$ 12, 736 per annum and above in 2013, are called rich countries.

Answer 2

Answer:

average income or per capita income