ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Human Development Index (HDI) is an indicator of how developed a country is. Select the 2 components that the HDI considers. (You have extra time)
A
How many cars people have.
B
How many people have access to water
C
How many people have enough food to eat
D
How many people have access to safe drinking water
E
How many people get ill
Explanation: 

Detailed explanation-1: -The Human Development Index (HDI) measures each country’s social and economic development by focusing on the following four factors: mean years of schooling, expected years of schooling, life expectancy at birth, and gross national income (GNI) per capita.

Detailed explanation-2: -The HDI is a summary composite measure of a country’s average achievements in three basic aspects of human development: health, knowledge and standard of living.

Detailed explanation-3: -The Human Development Index (HDI) is a statistical measure (composite index) developed by the United Nations to assess the social and economic development of countries around the world. The HDI considers three indicators of human development, namely, life expectancy, education, and per capita income.

Detailed explanation-4: -Education. Life Expectancy. Per Capita Income.

Detailed explanation-5: -Life expectancy at birth. Infant mortality rate. Adult literacy rate. People below poverty line.

There is 1 question to complete.