Economy, asked by sumilaranasr1234, 11 months ago

What is main criterion used by world bank in classifying countries

Answers

Answered by Anonymous
8

The main criterion used by The World Bank to classify countries is the country's Per Capita Income (or) Average Income

Answered by SugaryGenius
7

HEYA MATE HERE U GO.

❤. The main criterion used by the world Bank in classifying different countries is the per capita income or aveage income of a person in a country.

❤⭐LIMITATIONS OF THIS CRITERION⭐❤

It does not tell us about how this average income is disturbed among people in the individual countries.

Two countries with the same per capita income might be very different with regard to income distribution.One might have equitable distribution of income while the other might have great disparities between rich and poor.....!

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