Economy, asked by yaashhh9628, 1 year ago

what is development?what are the indicators used by UNDP for measuring development? Compare it with the world bank report? About 5 marks

Answers

Answered by champ22
3
Hey mate

Here is ur answer

Development means a gradual growth of a thing or a person.

Development of a country refers to a sustain increase in the income of people that promotes eeconomic welfare by reducing poverty inequalities of income and wealth.

The UNDP relies on the HDI or Human Development Index to study the development of a country.
The following are the basic components of Human Development Index:
Life expectancy at birth
Mean years of schooling
Expected years of schooling
Gross national income (GNI) per capita
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