Economy, asked by HERLEYQueen, 9 months ago

how is hdi a better indicator of development than per capita income class 10​

Answers

Answered by lohithamahivara
0

Answer:

Compared to GDP, the HDI has a greater emphasis on human development.  GNI per capita, which is essentially the average person's purchasing power, is an important factor in calculating Human Development Index, but just one of several. The Human Development Index paints a more holistic picture of a country than GDP.

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Answered by nidaeamann
1

Explanation:

HDI, human development index is indeed a better measure of human development than per capita income, as it includes both the economical and social aspects, the life quality of people as compared to per capita that focuses on economic parameters only. HDI also takes into account the education and health conditions of humans. Since the scope of HDI is more, so there are less anomalies and it gives a better picture of human development

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