Question

Explain the meaning of HDI. Mention three components of measuring HDI

Answer 1

HDI stands for Human development Index.
This is a report produced by United Nations development programme to compare the countries on some specific characteristics.
Three components are:
1.Health status
2.Literacy Rate
3.per capita income

Answer 2

HDI means Human Development Index.

 EXPLANATION:

The “Human Development Index” (HDI) is tool of statistics that used for the measurement of overall achievement of a country in its “social and economic dimensions”.  

Three components of measuring HDI are:  

• Life Expectancy: Life expectancy is defined as the average amount of expected length of a person’s life at the birth time.  

• Per Capita Income: “Mean income” of the people is an economic unit. It can be calculated by the dividing of the total national income of a country by population.    

• Education Index: Mean years of the schooling and some Expected years of schooling.