Social Sciences, asked by adityasonipoo121212, 1 month ago

What is the main criterion used by the World Bank in classifying differem countries? What are the limitations of the above criterion, if any? ​

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Answered by Harshshahi19
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Answer:

per capita income

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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