What is human development? What are its indicators?
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Definition of 'Human DevelopmentIndex'
Calculation of the index combines four major indicators: life expectancy for health, expected years of schooling, mean of years of schooling for education and Gross National Income per capita for standard of living
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Human development is defined as the process of enlarging people's freedoms and opportunities and improving their well-being. Human development is about the real freedom ordinary people have to decide who to be, what to do, and how to live.
The indicators are
life expectancy for health,
expected years of schooling,
mean of years of schooling for education and
Gross National Income per capita for standard of living.
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