ECONOMICS
ECONOMIC GROWTH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Asia
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Africa
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Europe
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None of the above
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Detailed explanation-1: -The Human development index (HDI) for European countries in 2021 shows that although all of the countries in this statistic have scores which imply high levels of development, Switzerland’s score of 0.962 was the highest in this year.
Detailed explanation-2: -Europe has the highest HDI with significant overwhelming preponderance over the world average and greater than that of all other continents in the universe. Asia, North America, South America, and Oceania do not differ significantly in their HDI.
Detailed explanation-3: -The average for 2021 based on 27 countries was 0.896 points. The highest value was in Denmark: 0.948 points and the lowest value was in Bulgaria: 0.795 points. The indicator is available from 1980 to 2021.
Detailed explanation-4: -Africa remains the most underdeveloped among the comity of continents across the world. It contains over 70% of the least developed countries (LDCs) in the world.