Explain construction of HDI.
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Human Development Index: Construction of HDI (With Example) ... Human development index as an indicator of development was developed by the United Nations Development Programme (UNDP). It has been used in Human Development Report Published since 1989.
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The Human Development Index is a quantitative composite index of measures of life expectancy, employment, and per capita income used to group countries into four-thirds of human development.
- The HDI is a medical, employment, and income index. In these three fundamental measurements of human development, measured as an index, it calculates the average accomplishments in a country.
- It is possible to construct the human development index by first constructing the individual indices and then taking the basic index average. It is measured according to the different indexes of academic milestones and can be found for a given year, adjusted as per the nominal GDP per capita.
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