HDI is a better indicator of development than the world banks indicator
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HDI is better indicator of development than world banks indicator because the world bank has only on criteria that 'income' it says that who has more money that is developed, but HDI has 3 criteria 'income','literacy rate' and 'life expentency'
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Answer:HDI is better than other economic indicators of developement because of the following reasons:
Explanation: 1) HDI enhance the capabilities of people for country to have the lasting development.
2)HDI the metrics to know the level of development of a village town, ciyy community or any specific group.
3) HDI has gread empashies on human development.
4) IT Provide richer picture progress than gross domestic product(GDP)
5) HDI is a summary measures of average achivements in key dimension of human development.
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