Question

Describe the three basic components of measuring Human Development Index.​

Answer 1

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☞The three basic components of Human development index to know about the development of the countries is as under:

1.Life expectancy at birth, as an index of population health and longevity

2.Knowledge and education, as measured by the adult literacy rate (with two-thirds weighting) and the combined primary, secondary, and tertiary gross enrollment ratio (with one-third weighting).

3.Standard of living, as measured by the natural logarithm of gross domestic product per capital at purchasing power parity.