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What are the limitations of the …

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What are the limitations of the criterion used by World Bank in classifying different countries?
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Preeti Dabral 1 year, 3 months ago

The main criterion used by the World Bank in classifying different countries is the per capita income or average income of a person in a country. Limitations of this criterion: It does not tell us about how this average income is distributed among the people in the individual countries.

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