Question

why Human Development index mainly refers to the development of country.​

Answer 1

Answer:

The Human Development Index (HDI) is a statistical tool used to measure a country's overall achievement in its social and economic dimensions. The social and economic dimensions of a country are based on the health of people, their level of education attainment and their standard of living.

Answer 2

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Human Development Index is a measurement done through life expectancy, literacy rate and the standard of living and education. This index shows whether a country is a developed, developing or non-developed country and also it shows in which level the effect in its economy affects the standard of living in that country. The Human Development Index was first developed by Pakistani economist Mahbub ul Haq in 1990 and is being presented by United Nations Development Program in annual Human Development Report since 1993.

Human Development Index considers the below three key dimensions in the countries:

Long and Healthy Life: the measurement is done with the average life expectancy.

Knowledge: the measurement is done with the literacy rate (2/3) and the percentage of the registrations to primary and high schools and universities.

Decent Standard of Living: the measurement is done with per capita income and the calculation of the purchasing power in US Dollar.

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