Please answer Q5 of Page no. 9 NCERT Economics Class 10 .
Q.5. From the text, find out the per capita income level of middle-income countries as per WDR 2006.
Dear Student,
The following points may help you:
a. World bank has specified the criterion for categorising countries into developed, developing and underdeveloped countries
b. Developed countries are characterised by high national income, per capital income.
c They are characterised by high level of industrialisation , infra structural development.
d . As per the World development report, country with high national income, per capita income, GDP.is considered to be developed .
e. It is based on assumption that in countries with high per capita income , people would have high standard of living and would be in a position to not only manage their basic necessities but other things required to lead a life.
f. Lower Middle income countries have per capita between $1,006 and $3,955 and upper middle income have $3,956 and $12,235 ( 2018 figures).
g. We may give example of Malaysia, with $ 9,860 per capita , Argentina with $ 11,970 etc. ( 2016 data)
Regards
The following points may help you:
a. World bank has specified the criterion for categorising countries into developed, developing and underdeveloped countries
b. Developed countries are characterised by high national income, per capital income.
c They are characterised by high level of industrialisation , infra structural development.
d . As per the World development report, country with high national income, per capita income, GDP.is considered to be developed .
e. It is based on assumption that in countries with high per capita income , people would have high standard of living and would be in a position to not only manage their basic necessities but other things required to lead a life.
f. Lower Middle income countries have per capita between $1,006 and $3,955 and upper middle income have $3,956 and $12,235 ( 2018 figures).
g. We may give example of Malaysia, with $ 9,860 per capita , Argentina with $ 11,970 etc. ( 2016 data)
Regards