classifying countries Flashcards
(3 cards)
1
Q
how are countries classified
A
- it uses a countries gross national income per capita (GNI)
- Based on a set of values or thresholds for each group.
1. updated each year
1. developed by the world bank
2
Q
what are the different country incomes
A
- high income countries
- middle income countries
1. upper middle-income countries
lower middle-income countries - low-income countries
3
Q
what is classifying countries
A
Countries can be classified by their level of development, with the most common classifications being based on income and the Human Development Index (HDI)
