Characteristics of high, middle and low-income countries (AOS_1)

Question 1

how are countries categorised?

Answer 1

• countries are categorised into high, middle and low income countries
• this conclusion is based on a country’s Gross National Income (GNI) per capita
• GNI = total annual income of country ($US)/population of country

Question 2

High income country range and examples

Answer 2

• $12056 or more

- Australia, USA, UK, Japan and Canada

Question 3

Upper-middle income country range and examples

Answer 3

• $3896-$12055

- China, Mexico, Russia, Fiji

Question 4

Lower-middle income country range and examples

Answer 4

• $996-$3895

- India, Indonesia, Papa New Guinea

Question 5

Low income country range and examples

Answer 5

• $995 or less

- Nepal, Uganda, South Sudan

Question 6

social characteristics

Answer 6

• healthcare systems
• education level
• employment levels
• legal systems
• technology
• population growth
• gender equality levels

Question 7

economic characteristics

Answer 7

• income
• trade opportunities
• range of industry
• debt levels
• levels of poverty

Question 8

environment characteristics

Answer 8

• adequate housing
• food security
• sanitation/safe water
• adequate infrastructure
• climate change