What is the main criterion used …

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What is the main criterion used by the World Bank in classifying different countries? What are the limitations of this criterion, if any?

Posted by Anurag Maurya 6 years, 9 months ago

CBSE > Class 10 > Social Science

2 answers

Karan Gandhi 6 years, 9 months ago

The main criterion used by world bank is per capita income. i. e the average income of the country. Limitations It hide disparities that is does not tell us about thw distribution of the income. 2 it doesn't consider human development i e non material aspects such as health and education.

1Thank You

Anjali Singh 6 years, 9 months ago

Main criterion used by World Bank is Per capita income. The limitations of this criterion is that it doesn't not give a clear picture of the country's development since, by this data it is not known how the incomes is divided among all the citizens.

2Thank You

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