According to the World Bank (WB), what is the requirement to be in the "developing nation" category?

A country must be classified as low-income.

A country must have a low- or middle-income.

A country must have an industrialized economy.

A country must be voted into the "developed" category.

Answer :

World Bank (WB) is an international financial institution that caters loans to the countries that developing or in progress. Based on the World Bank, the requirement to be in the "developing nation" category is that a country must have a low- or middle - income. 

According to the World Bank (WB), the requirement to be in the "developing nation" category is a country must have a low- or middle-income. Option B. This is further explained below.

What is a developed nation?

Generally,  A developed nation is simply defined as a nation that is industrialized and has a developed and good economy.

In conclusion, the World Bank (WB) views a developing nation as a nation where most citizens have a low- or middle-income.

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