economics[[1]] is the criteria used by the World Bank to classify different countries.

[[1]] is the criteria used by the World Bank to classify different countries.


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    Solution:

    Per capita income is the criteria used by the World Bank to classify different countries.
    The country's total income divided by its total population is per capita income. It is also known as the average income of the country. Therefore, a high per capita income country shows that it has higher earnings than the average and is a developed country. Similarly, a country with low per capita income is considered underdeveloped.
     
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