Question

explain construction of HDI​

Answer 1

$\huge \bold {{hlo \: mate}}$

Construction of HDI:

Human development index can be constructed by first constructing the individual indices of the above three components and then taking the simple average of the indices. To construct the relevant indices, the UNDP first fixes the maximum and minimum values of each indicator for a particular year and then with the help of the following formula, one can arrive at the achievement level of the country concerned in respect of a particular indicator.

Answer 2

Hey mate☺

HDI stands for Human Development Index.It is an index prepared by UNDP under which all the nations of the world are indexed or ranked according to their performance in various parameters like per capita income, life expectancy, literacy rate, etc.

SIGNIFICANCE :

•HDI is used to measure the development of a country.

• It has been published by UNDP and according to it countries have been ranked.

• It is a comprehensive approach which covers all the major aspects of life.

• Apart from income, education, health status, life expectancy, etc., are considered for measuring economic development of a nation.

Hope it helps you ☺✌✌