Q2 What is HDI ? Which organization measures the HDI? Write about basic components of human development measurement.
Answers
The Human Development Index (HDI) is a summary measure of average achievement in key dimensions of human development: a long and healthy life, being knowledgeable and have a decent standard of living. ... The HDI is the geometric mean of normalized indices for each of the three dimensions.
The HDI is a measurement system used by the United Nations to evaluate the level of individual human development in each country. The HDI uses components such as average annual income and educational expectations to rank and compare countries.
HDI is a statistical tool which measures the country's overall achievement in its socio-economic dimension. ... The basic components of HDI are Health (longevity of life), Education and living standards (Gross national income per capita).
Answer:
Human Development Index is a tool developed by the United Nations to measure and rank countries based on the level of social and economic development. The HDI makes it possible to track changes in development levels from time to time and to compare development levels in different countries. The concept of HDI goes beyond income and growth to cover overall development with the object of improving the conditions of people from all angles. The organization that measures the HDI is the United Nations.