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5. What are the types of countries according to development status?​

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The list of the least developed countries (LDCs) is decided upon by the United. Nations Economic and Social Council and, ultimately, by the General Assembly
User Vivek Sasidharan
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Answer: The World Bank classifies the world's economies into four groups, based on gross national income per capita: high, upper-middle, lower-middle, and low income countries. Least developed countries, landlocked developing countries and small island developing states are all sub-groupings of developing countries.

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