what is the main criteria used by world bank in classifying different countries what are the limitations on these criteria
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the main criterion used by the World Bank in classifying countries is average income
it's limitation is that it hides disparities of the people of the country
it's limitation is that it hides disparities of the people of the country
himanshu469:
not up to the mark but well tried
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The main criteria used by world bank in classifying different countries is Per Capital Income.
Limitation of these criteria are
1 it hides the income distribution
2 it do not give the quality of life people are living
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