Social Sciences, asked by aparna36, 1 year ago

what is the main criterion used by the world bank in classifying different countries?

Answers

Answered by pooja441

per capita income or average income is used by world bank

aparna36: only by world bank

aparna36: no there is 3 criteria

pooja441: only average income is used by world bank

aparna36: and i only know 2 criteria

pooja441: which

pooja441: u can refer tb

pooja441: only average income

aparna36: us dollars 12276 means developed country and below dollar1005 means below developed

musiketarunip5lzx8: 1045

aparna36: no it's 1005

Answered by musiketarunip5lzx8

1)Developed countries-the countries who has per capita income above 12736 US dollars per annum is considered as developed country.

2)undeveloped countries-the countries who has per capita income more than 1045 US dollars per annum is considered as undeveloped country.

INDIA is a developing country as it's per capita income is 1570 US dollars per annum..

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