Economy, asked by TimeRey, 1 year ago

What is the main criterion used by the world bank in classifying different countries? Describe its limitations.


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Answers

Answered by RishabhBansal
2
Hey!!!!

World Bank used Per Capita Income to classify different countries

=> Limitations ⤵️

1. It does not show the distribution of income.

2. It does not show the health and Education status of the country.

3. It does not include the Middle East countries.

Hope this helps

TimeRey: Thanks for helping me twice.
RishabhBansal: welcome
Answered by HritikRoyans
1
Per Capita Income.......!!!!!
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