Question

World bank criterion for development of country

Answer 1

Answer:

Explanation:

WORLD BANK CRITERION FOR DEVELOPMENT OF COUNTRY IS MEASURED BY AVERAGE INCOME

average income - average income is the total income of the country divided by its total population. The average income is also called per capita income.

As per World Development Report, countries with per capita income of US dollars 12736 are called rich countries and those with per capita income of US dollars 1045 or less are called low income countries.