Which organization classifies a country’s economic development and groups countries into three categories that include more-developed countries, less-developed countries, and least-developed countries?

united nation

Explanation:

United Nation organization classifies a country’s economic development and groups countries into three categories that include more-developed countries, less-developed countries, and least-developed countries.

Several classification levels exist, and these use a number of economic and social criteria, ranging from per capita income and life expectancy to literacy rates,nation's gross domestic product (GDP) per capita compared with other nations can also be a reference point

the organization that classified them is the United Nations

Explanation:

The United nations classifies countries economic development, this classification is review every three years. Like for the least developed countries which are low income countries confronting severe structural obstacles to sustainable development are 47.

In the classification GDP, human capital development and infrastructure are considered.

changes in factors like average income and preferences can cause an entire demand curve to shift right or left. this causes a higher or lower quantity to be demanded at a given price. demand curves relate the prices and quantities demanded assuming no other factors change. it is important for consumers to know this information, because it is crucial for them to know what they can afford and can't afford. i hope this .

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