what is main cretion ised by the world bank in classi
Answers
Answer:
The main criteria used by works bank to classify countries is income
Explanation:
1. According to the Word Development Report issued by world bank. The Income of a country is one of the most important criterion to classify countries whether it is developed or developing.
2. Countries with per capita income more the US 12,056 are classify as rich countries or more income countries.
3. Countries with per capita income less than US$ 955 are classify as poor countries or less income countries.
Answer:
The average income, i.e., per capita income is the main criterion used by the World Bank in classifying different countries. (a) It covers only the economic aspect ignoring factors like infant mortality rate, literacy rate, no attendance ratio for class I-V, etc., which are important indicators for development.
Explanation: