Question

which among these is a limitation of the criteria used by World Bank in classiya sees on develop
a) Averages hide disparities
b) Countries with per capita income of higher than $ 12616 are classified as rich countries
fe) The total income of the residents of a country are assessed for comparison
(d) Citizens with higher incomes are able to buy more goods and services in their country​

Answer 1

Answer:

Per Capita Income is the main criterion used by the World Bank in classifying different countries. The limitation of this criterion are:

→ It doesn’t show the distribution of income.

→ It also ignores other factors such as infant mortality rate, literacy level, healthcare, etc.