Which organization classifies a country's economic development and groups countries into three categories that include more-developed countries, less-developed countries, and least-developed countries?

Question

Social Studies

Aydan Oliver

4 September, 11:42

Which organization classifies a country's economic development and groups countries into three categories that include more-developed countries, less-developed countries, and least-developed countries?

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Answers (1)

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Aussie · Answer 1

Answer: the organization that classified them is the United Nations

Explanation:

The United nations classifies countries economic development, this classification is review every three years. Like for the least developed countries which are low income countries confronting severe structural obstacles to sustainable development are 47.

In the classification GDP, human capital development and infrastructure are considered.