Question

what is the main criterion used by the world Bank in classifying different countries ? what are the limitations of this criterion, if any?​

Answer 1

Answer:

The main criterion used by the World Bank in classifying different countries is the per capita income or average income of a person in a country. Limitations of this criterion: It does not tell us about how this average income is distributed among the people in the individual countries.

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Answer 2

Per capita income is the main criterion used by the world bank in classifying different countries. The limitations of this criterion are:

I)It does not show distribution of income.

ll)It also ignores other factors such as infant morality rate, literacy level, health care etc.

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