what is the main criterion used by the world bank in classifying different countries? What are the limitations of this criterion, if any?​

Social Sciences Secondary School in Social Sciences 1 year ago

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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.

Posted on 14 Aug 2024, this text provides information on Social Sciences related to Secondary School in Social Sciences. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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