Economy, asked by pooja61095, 2 months ago

what is the criterion used by the world Bank in classifying different countries ?what are the limitations of this criteria?​

Answers

Answered by Sukhman62563
2

Explanation:

Per Capita Income

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 llSavageBaell
19

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Per Capita Income

•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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