is a comprehensive term which includes increase in real per capita income,
improvement in living standard of people,reduction in poverty, illiteracy, crime rate, etc.
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Answer:
Human development
Explanation:
it includes income, educational and health status
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Human Development is a comprehensive term which includes increase in real per capita income, improvement in living standard of people,reduction in poverty, illiteracy, crime rate, etc.
Explanation:
- Human Development Index(HDI) was collectively developed by economists Mahbub-Ul-Haq and Amartya Sen to measure the overall socio-economic development of any nation based certain socio-economic criteria or indicators.
- Some of criteria or components used for measurement of HDI include per capita income,overall standard of living,public infrastructural ties such as education,health/medical services,overall poverty level,literacy rate,crime rate,life expectancy at birth and so on.
- Any country or nation with high HDI exhibits comparatively superior or better condition of the major parameters or components of HDI measurement.
- Human development basically implies higher per capita GDP or income,better living standard,lower crime rate and illiteracy,improvement in public infrastructure and facilities and so forth.
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