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.

Answer 2

Explanation:

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