Question

what is the importance of human development index​

Answer 1

Explanation:

here is your answer

• The HDI gives an overall index of economic development. It gives a rough ability to make comparisons on issue of of economic welfare - much more than just using GDP statistics. Human Development Index is important because it helps us to know how a country is doing. It is a better measure of a country's progress.

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Answer 2

Answer:

HERE IS YOUR ANSWER.

Explanation:

1. It indicates the development of a country.

2. It indicates to a country how far it has to yet travel to achieve a higher rank and how far it as travelled.

3. It indicates the country that in which areas it is poor and in which areas it has improved.

4. Though it, one comes to know the important elements of economic welfare like life expectancy, level of education attainment and real per capita income.

5. It measures material and non material components of development.

6.Human Development Index is helpful for a country to plan its future agendas.