define globalisation?
what do u mean by human index development?
Answers
The Human Development Index (HDI) is a summary measure of average achievement in key dimensions of human development: a long and healthy life, being knowledgeable and have a decent standard of living. ... The standard of living dimension is measured by gross national income per capita.
Answer:
Globalization or globalisation is the process of interaction and integration among people, companies, and governments worldwide. As a complex and multifaceted phenomenon, globalization is considered by some as a form of capitalist expansion which entails the integration of local and national economies into a global, unregulated market economy.[1] Globalization has grown due to advances in transportation and communication technology. With the increased global interactions comes the growth of international trade, ideas, and culture.
What Is the Human Development Index (HDI)
The Human Development Index (HDI) is a statistic developed and compiled by the United Nations to measure and various countries' levels of social and economic development. It is composed of four principal areas of interest: mean years of schooling expected years of schooling, life expectancy at birth, and gross national income per capita. This index is a tool used to follow changes in development levels over time and to compare the development levels of different countries.
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