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:

Explanation:

ello

per capita income in the main criterion used by the world bank in classifying different countries . the limitations of this criterion are.

1st it doesnt show distribution of income .

2nd it also ignore other factors such as infant mortiality rate , literacy level, health care etc.

hope helps uhh

Answer 2

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. Two countries with the same per capita income might be very different with regard to income distribution. One might have equitable distribution of income while the other might have great disparities between the rich and the poor.