Explain the following terms. 1) percapita income.2) IMR. 3)literacy rate.4) life expectancy 5) HDI. 5 Marks
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Answer:
HDI _ The Human Development Index (HDI) is a statistic developed and compiled by the United Nations to measure and various countries' levels of social and economic development.
Infant Mortality Rate (or IMR) indicates the number of children that die before the age of one year as a proportion of 1000 live children born in that particular year.
Literacy Rate measures the proportion of literate population in the 7 years and above age group.
Life expectancy is a statistical measure of the average time an organism is expected to live, based on the year of its birth, its current age, and other demographic factors including biological sex.
Per capita income (PCI) or average income measures the average income earned per person in a given area (city, region, country, etc.) in a specified year. It is calculated by dividing the area's total income by its total population. Per capita income is national income divided by population size.