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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?

    • Posted by Aditya Thakur 4 years ago

    CBSE > Class 10 > Social Science
    • 1 answers

    Yogita Ingle 4 years 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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