what are the component of HD I
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It is the cumulative measurement of:
(a) Longivity
(b) Knowledge
(c) Decent Standard of Living.
(a) Longevity: It shows the life expectancy. It is a choice to live long and healthy life.
(b) Knowledge: It is a choice to acquire literacy, education, information, etc. It is measured by the literate percentage in ratio with the total population. The literacy rate may be compared in the primary, secondary and tertiary levels.
(c) Decent standard of life: It is a joy to enjoy a quality and standard life. It depends upon the purchasing power of the people and the per capita income of the people etc.
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