write the importance of HDI in three points
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Importance of HDI (Human Development Index) :-
Human Development Index is a measure of economic development and economic welfare. The Human Development Index examines three important criteria of economic development and uses this to create an overall score between 0 and 1. 1 Indicates a high level of economic development while 0 is a very low level. The Human Development Index combines the following three criteria of economic development.
1) Life Expectancy Index :
Average life expectancy is compared to a global expected life expectancy.
2) Education Index :
a) Mean years of schooling.
b) Expected years of schooling.
3) Income Index
The HDI 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.
Human Development Index is a measure of economic development and economic welfare. The Human Development Index examines three important criteria of economic development and uses this to create an overall score between 0 and 1. 1 Indicates a high level of economic development while 0 is a very low level. The Human Development Index combines the following three criteria of economic development.
1) Life Expectancy Index :
Average life expectancy is compared to a global expected life expectancy.
2) Education Index :
a) Mean years of schooling.
b) Expected years of schooling.
3) Income Index
The HDI 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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it is criteria to cheak development of country. HDI is published by UNDP. it indicate how far country is travelled to achieve high HDI. by HDI one come to know element like literacy rate, health status
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