Why HDI method is best among all the methods available??
Answers
Answer:
The Human Development Index (HDI) is a summary measure of average achievement in key dimensions of human development: a long and healthy life, being knowledgeable and have a decent standard of living. ... The HDI uses the logarithm of income, to reflect the diminishing importance of income with increasing GNI.
Answer:
Overall, the HDI has the potential to provide a simple impression of development that can be unpacked to indicate progress with respect to the SDGs. It can be used to complement alternative measures of development.
Explanation:
The human development index (HDI) assigns numerical values to different countries as a measure of human prosperity. These values are derived by measuring levels of education, standard of living, and life expectancy. Countries with higher scores on the index are said to be better developed than those with lower scores.