Question

Why is the HDI a more RELIABLE indicator than GDP per capita? Explain.
3 marks

Answer 1

Answer:

HDI is a more reliable indication than GDP per capita because of the following reasons-

1.HDI is a composite measure of achievements of a nation measure in three terms.

2.These 3 terms are:-

(a) life expectancy

(b) knowledge or educational attainment

(c) standard of living

3.It is a broader concept as it involves life expectancy,knowledge etc.

Answer 2

Answer:

HDI is more realiable indicator than GDP per capita

Explanation:

1)one of the main reason of this is that HDI involes many aspects of living in comparison to only per capita.

2) HDI involes factor like -health ( life expectancy), literacy rate, and purchasing power (in us dollar).these aspects are more reliable.

3) gdp per capita or per capita incone is unequally distributed, so this is also another drawback.