Economy, asked by sridhar261969, 8 months ago

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.

Answers

Answered by padmanabhanp1964
5

Answer:

Human development

Explanation:

it includes income, educational and health status

Answered by viratgraveiens
6

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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