Question

What is the main norm used by the World Bank in classify different count as rich and poor countries? what restriction for such norm?

Answer 1

Answer:

The main norm used by World Bank to classify differen countries into rich and poor is the per capita income or average income of the country. It is determined by dividing the country's total income by its population.

The restriction in such norm is that it doesn't tell about the disparities in the country between rich and poor and also doesn't tell about the human resource development of the country

Answer 2

the main norm used by the World bank to classify different countries into rich and poor is the per capita income average income of the country it is your mind by dividing the countries total income by population the restriction in such known as that it doesn't tell about this disparities in the countries between rich and poor and also doesn't tell about the human resource development of the country