Question

What is human development index? What are its components?

Answer 1

Dear Student,

• Definition: The Human Development Index (HDI) is a statistical tool used to measure a country's overall achievement in its social and economic dimensions.
• The social and economic dimensions of a country are based on the health of people, their level of education attainment and their standard of living.

Components:

• Health– to assess a long and healthy life
• Education – to assess access to knowledge of the young generation
• Standard of Living – to assess the standard of living

Regards