Sociology, asked by kamaladhikari445, 9 months ago

why do we need human development index?​

Answers

Answered by tapatidolai
7

Answer:

Human Development Index (HDI) The HDI was created to emphasize that people and their capabilities should be the ultimate criteria for assessing the development of a country, not economic growth alone. ... The HDI uses the logarithm of income, to reflect the diminishing importance of income with increasing GNI.

Answered by cheshtabansal30
2

Answer:

The Human development index 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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