Economy, asked by nirbhikzisha2026, 1 year ago

Which criteria are used by world development report?

Answers

Answered by Gunjalraj

Hey mate...

The main criterion used by the World bank in classifying different countries is Per capita income or Average Income. 1) According to world development report, the countries with per capita income of US$ 12, 736 per annum and above in 2013, are called rich countries.

pandeyamarnath899: The average of per capita income is the main criterion for comparing a developed economy with an under developed economy.

Countries with per capita income above Rs 4,53,000 per annum were considered to be high income countries and with Rs 37,000 or less were considered to be low income countries.

Answered by themakerqueries

Answer:

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