According to the World Bank (WB), what is the requirement to be in the "developing nation" category?

A country must be classified as low-income.

A country must have a low - or middle-income.

A country must have an industrialized economy.

A country must be voted into the "developed" category.

Question

Social Studies

Ty Moses

2 October, 06:33

According to the World Bank (WB), what is the requirement to be in the "developing nation" category?

A country must be classified as low-income.

A country must have a low - or middle-income.

A country must have an industrialized economy.

A country must be voted into the "developed" category.

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Talia Gibbs · Answer 1

World Bank (WB) is an international financial institution that caters loans to the countries that developing or in progress. Based on the World Bank, the requirement to be in the "developing nation" category is that a country must have a low - or middle - income.

According to the World Bank (WB), what is the requirement to be in the "developing nation" category?A country must be classified as low-income.A country must have a low - or middle-income.A country must have an industrialized economy.A country must be voted into the "developed" category.

According to the World Bank (WB), what is the requirement to be in the "developing nation" category?

A country must be classified as low-income.

A country must have a low - or middle-income.

A country must have an industrialized economy.

A country must be voted into the "developed" category.