Question

What is the main norm used by the world bank in classifying countries as rich or poor countries?what are the restriction or limitation of such norm?

Answer 1

Answer:

Explanation:

the main norm used by the world bank in classifying countries as rich or poor countries is the per capita income. it is the ratio of total population to total income .

limitations:

1) it hides disparities that is how the income is distributed among people.

2) it ignores other important criterion such as infant mortality rate, net attendance ratio , healthcare etc.

3) it  has a narrow criterion.