Social Sciences, asked by vquantumv, 1 year ago

what is the importance of Human Development Index

Answers

Answered by Simplebeing

152

Hey Friend! Her is my attempt ✍️

HDI or Human Development Index is important as it gives more info about the status of a country than the Per Capita Income method adopted by World Bank.
HDI tells about the health, wealth, education and life expectancy of a country.
As per the available data Norway was leading the table in HDI.
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vquantumv: was very helpful, thank you

Simplebeing: Thanks. I wanted to give a short original ans.

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Answered by dharanikamadalm

Answer:

Human Development Index is to highlight that people and their abilities should be the criteria for assessing the development of the country, not the economic growth.

Explanation:

HDI is a measure of average achievement in important dimensions of human development like being knowledgeable, having a long and healthy life, and having a decent standard of living.
It can be used to question national policy choices.
It is a geometric mean of normalized indices for each dimension.
It is practised to calculate how development has improved the lives of humans.

Hence, HDI is useful to improve economic growth.

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