Explain the components for calculating HDI. How is it a better indicator of country's economic development ?
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Answered by
64
the. components for calculating HDI are Health,education,and per capita income.
these are the better indicators of country's economic development because only average income could not decide the actual development of the country and it was not sufficient for measuring development. And the combination of these three componenys tell us actual status of country.
Hope it helps
these are the better indicators of country's economic development because only average income could not decide the actual development of the country and it was not sufficient for measuring development. And the combination of these three componenys tell us actual status of country.
Hope it helps
Answered by
15
The components of Hdi are on the following ways
per capita income , life expectancy at birth, literacy rate, average years of schooling , expected year of schooling
per capita income , life expectancy at birth, literacy rate, average years of schooling , expected year of schooling
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