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What is the main criterion used …

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What is the main criterion used by World Bank to categorise countries? What are the limitations of this criterion?
  • 1 answers

Yogita Ingle 5 years, 8 months ago

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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