What is the main criteria used by the world bank in classifying different country ? What are the limitations of this criteria ?
Answers
Answered by
2
The average income, i.e., per capita income is the main criterion used by the World Bank in classifying different countries.
Limitations:
(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.
(b) This method also does not provide us the distribution different levels of income.
mark it as brainliest if it helps you....✌️
Answered by
3
I am giving u 2 answers.
It's your choice which one would you like. One is in the pic. and other is written below.
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.
HOPE IT HELPS YOU MATE....✌️
Attachments:
Similar questions