Factors of Human development...
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The HDI considers three indicators of human development, namely, life expectancy, education, and per capita income.
Essentially, Human Development Index, HDI, makes use of four parameters for measuring and ranking countries according to their social and economic development which includes the Life Expectancy at Birth, Expected Years of Schooling, Mean Years of Schooling and Gross National Income per Capita.
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Economists generally agree that economic development and growth are influenced by four factors: human resources, physical capital, natural resources and technology.
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