Question

What do you mean by human development index? Describe its important features?

Answer 1

• Human development index::

an expansion of human capabilities, a widening of choices, ‘an enhancement of freedom, and a fulfillment of human rights.

At the beginning, the notion of human development incorporates the need for income expansion. However, income growth should consider expansion of human capabilities. Hence development cannot be equated solely to income expansion.

• important features::

1. A long and healthy life: Life expectancy at birth.
2. Education index: Mean years of schooling and Expected years of schooling.
3. A decent standard of living: GNI per capita (PPP US$)

• Components of Human Development:

The noted Pakistani economist Mahbub ul Haq considered four essential pillars of human development.

These are:

i. Equality,

ii. Sustainability,

iii. Productivity, and

iv. Empowerment.

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I hope it will helps you friend

Answer 2

Human Development Index stands as a tool for measuring the social and economic growth or dimensions of a country. The social and economic dimensions of a country are said to be regulated by the health status of the people of that country and the education level attained by them for the the standard of living they have.

The Human Development Index is said to be a very great indicator for indicating the social and economic growth of a country on national as well as International basis.

Addition to the income of individuals their health and education status is a must to be considered in order to while calculating the Human Development Index of a country.