Geography, asked by pravinkumar843332, 7 months ago

what is the creation used by the world Bank in classifying the different countries​

Answers

Answered by mini687
6

Answer:

Per Capita Income is the main criterion used by the World Bank in classifying different countries. The limitation of this criterion are:

→ It doesn’t show the distribution of income.

→ It also ignores other factors such as infant mortality rate, literacy level, healthcare, etc.

Answered by Lakiesha
8

Answer:

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.

Hey! Hope this helped you!!

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