Question

Why Human Development Index is becoming popular to

evaluate the development of the countries of the world. Give
reason in detail.​

Answer 1

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.

Explanation:

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Answer 2

Human Development Index is becoming popular to evaluate the  development of the countries of the world

Explanation:

• The Human Development Index ( HDI) is a "statistical" tool used to assess the economic and social success of a nation in general. A nation's  economic & social aspects are based on people's health, employment and standard of living.
• The HDI is a composite statistical measure of life expectancy, employment and indices of per capita income, used in  four tiers of human development in nations
• It combines all the significant economic and social indicators responsible for economic development , making HDI one of the key tools to track a nation's level of economic growth & development.