Explain the meaning of hdi mention three componnents of measuring hdi
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Explanation:
HDI stands for Human Development Index. ... It is a broader approach to development. Components of Measuring HDI. Life Expectancy: It is the average expected length of life of a person at the time of birth. Per Capita Income: Mean income of the people is an economic unit.
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HDI stands for Human Development Index. HDI is defined as the composition statistics used to rank countries by level of human development.
Components of Human Development Index (HDI) are:-
- Gross National Income (GNI) Per Capita: Per Capita Income is the total income of a country divided by the total population of the country.
- Life Expectancy: Life Expectancy at birth denotes as the number suggests, average expected length of life of a person at the time of the birth.
- Education Index: Mean Years of Schooling of People agent 25 and above.
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