What is the main criterian used by the world bank in classifying different countries?
Answers
Answer:
1. The criterion used by World Bank: The average income, i.e. per capita income is the main criterion used by the World Bank in classifying different countries.
2. The UNDP compares countries based on HDI e., on the educational levels of the people, their health status and per capital income or average income.
3. Human Development Index used by UNDP is better because it is a wider indicator in which besides per capital income, health and education are also included.
Explanation:
Answer:
1. The criterion used by World Bank: The average income, i.e. per capita income is the main criterion used by the World Bank in classifying different countries.
2. The UNDP compares countries based on HDI e., on the educational levels of the people, their health status and per capital income or average income.
3. Human Development Index used by UNDP is better because it is a wider indicator in which besides per capital income, health and education are also included.
Explanation: