The World Bank has developed a four-category classification system for stages of marketing development which uses per capita gross national income (GNI)as a base.

Question

Quizplus · Accepted Answer

The statement is true. The World Bank has indeed developed a four-category classification system for stages of marketing development using per capita gross national income (GNI) as a base. The four categories are low-income, lower middle-income, upper middle-income, and high-income economies.

The World Bank Has Developed a Four-Category Classification System for Stages