Question

Why is the total income of countries useful as a criterion for classifying different countries? 3 proper points​

Answer 1

Explanation:

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.

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Answer 2

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