Q1 of 11 Page 26

What is the main criterion used by the World Bank in classifying different countries?

What are the limitations of the above criterion, if any?

Per Capita income of the country is the main criterion used by the World Bank in classifying different countries.

The two main limitations of this criterion are –


a. It takes into the account only the economic aspects and ignores some crucial factors such as – literacy rate, infant mortality rate, etc. which are among the most important indicators of the development.


b. This method is unable to provide the distribution of different levels of income.


More from this chapter

All 11 →
2

Usually, behind each social phenomenon, there would be several contributing factors, and not one. What in your opinion are the factors that came together for the development of schooling in Himachal Pradesh?

 3

In what respect is the criterion used by the UNDP for measuring development different from the one used by the World Bank?

 4

Do you think there are certain other aspects, other than those discussed in the chapter that should be considered in measuring human development?

 5

Why do we use averages? Are there any limitations to their use? Illustrate with your own examples related to development.