Question

What is the importance of human development index

Answer 1

Human Development Index is a measure of economicdevelopment and economic welfare. The Human Development Index examines three important criteria of economic development and uses this to create an overall score between 0 and 1.

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.