Economy, asked by adarshraj9140, 1 month ago

what is the criteria used by the World Bank in classifying different countries? what are the limitations of this criteria, if any? ​

Answers

Answered by sainnirmit
0

Explanation:

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 nirmalagahandule
0

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

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