explain the concept of Human development index .explain the three basic components of measuring Human development index?
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The Human Development Index HDI is defined as the composite statistics used to rank countries by levels of human development. The HDI is a measure of health, education and income. It measures the average achievements in a country in these three basic dimensions of human development, calculated into an index.
Health - Life expectancy at birth
Education - expected years schooling for school-age children and average years of schooling in the adult population
Income - measured by Gross National Income (GNI) per capita
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The Human Development Index (HDI) is a tool developed by the United Nations to measure and rank countries' levels of social and economic development.
Three basic components of measuring human development index are:
1. Per Capita Income
2. Life expectancy
3. Literacy Rate.
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