explain the three components of human development index?
Answers
Answer:
THREE COMPONENTS OF HDI ARE THE FOLLOWING :
(i) It indicates the level of development of a country .
(ii) It indicates to a country how far it has travelled, and how it has yet to travel to achieve a high rank.
(iii) Through it, one comes to know the important elements of economic welfare like life expectancy, level of education attainment and the real per capita income.
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Answer:
HDI stands for Human Development Index. It may be defined as the process of widening people’s choice as well as raising the level of well-being.
Explanation:
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. It is calculated by dividing the total national income of a country by population. It is calculated in dollars for all the countries so that it can be compared.
- Gross Enrollment Ratio for Three Levels:
It means enrollment ratio for primary schools, secondary schools and higher education beyond secondary level.