Question
Download Solution PDFWhich of the following is a statistical tool that measures a country’s overall achievement in terms of health, education and income?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is the Human development index.
Key Points
- Human development index
- The first UNDP Human Development Report was published in 1990.
- The Human Development Index is a report published by the United Nations Development Program (UNDP).
- The Human Development Index (HDI) is a statistical tool used to measure a country's overall achievement in social and economic dimensions.
- The purpose of the HDI is to rank countries on the Human Development Scale in terms of the abilities of humans within countries to perform tasks.
- The Human Development Index (HDI) is an index that measures key dimensions of human development.
- The three key dimensions are:
- A long and healthy life- is measured by life expectancy.
- Access to education- measured by expected years of schooling of children at school-entry age and mean years of schooling of the adult population.
- And a decent standard of living- measured by Gross National Income per capita adjusted for the price level of the country.
Last updated on Jul 7, 2025
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