Economics: Development · Class 10 · CBSE Social Science
What is the most important component for comparing the development of different countries, according to the World Bank?
Practice question from Economics: Development (Class 10 · CBSE Social Science), with the correct answer and a step-by-step solution.
easy · MCQ · Q-4E0C3B
What is the most important component for comparing the development of different countries, according to the World Bank?
- A.Infant Mortality Rate
- B.Per Capita IncomeCorrect answer
- C.Literacy Rate
- D.Net Attendance Ratio
Solution
The World Bank uses per capita income (average income) as the primary criterion for comparing countries because it tells us what the average person is likely to earn and breaks down total income by population.
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