MP Board · Class 10 · Social Science · Economics: DevelopmentWhat does Human Development Index (HDI) rank countries based on?
The Human Development Index (HDI), published by UNDP, ranks countries based on a composite index of educational levels of the people, their health status, and per capita income. Unlike the World Bank which looks primarily at income, HDI provides a broader perspective of development by combining standard of living, health, and education indicators.
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Economics: Development.
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Economics: Development.
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Economics: Development.