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Asked: 2021-01-14T11:13:01+00:00 In:

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

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NCERT Important Questions for Class 10 Social Science Economics Chapter 1
Social Science Class 10 Economics
Development 1
Important Questions
3/4 Long Questions

2020-2021cbsechapter 1class 10developmenteconomicsncertsocial science
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    1 Answer

    1. UNDP:-

      1. Has taken education, health and per capita income as the base
      2. Countries have been ranked.
      3. It is also considered as a broader concept of development.

      World Bank:-

      1. It uses per capita income as Its base for comparison.
      2. It is considered as a narrow concept of development.
      3. Under this concept countries have been divided into three categories — rich, middle and poor.

      For more answers visit to website:
      https://www.tiwariacademy.com/ncert-solutions/class-10/social-science/

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