What is human development index? Which organisation measures HDI? Explain the three major indicators of HDI?
Answers
‘Human development index’:
HDI is a type of measurement under the basis of educational or knowledge index, Life expectancy Index, and income or Standard of living index. The ‘United Nations Development Programme’ (UNDP) always measures the HDI index.
The 3 major indicators of HDI are as follows:
1. Educational index - It can be classified as ‘average years of schooling’ and ‘expected years of schooling’.
2. Life Expectancy Index
3. Income index
This HDI indicates national mean of human developments in 3 basic dimensions namely education, health and income.
Learn more about human development index
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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.
Three major indicators of the HDI are as follows.
Health: Without proper health facilities, no matter how much a country earns, it will not be
able to provide basic facilities to its people.
Education: Over the past few decades, education has become an important factor in leading a
quality life. So, if the country has high income but the literacy rate is low, it cannot be
considered developed.
Security: More than income, people want to have a secured life. A country should be able to
provides its citizens a sense of security.