What is the Human Development Index?
A composite measure of development used by the United Nations to measure and rank countries’ levels of social and economic develpment.
What does a composite measure of development do?
Uses more than one variable to improve accuracy . It takes a variety of socio-economic indicators into account. No single factor can tip the scales
What 4 indicators does HDI use to make an index of development?
How is HDI calculated?
Each indicator is given a score ranging from 1.000 (best) to 0.000 (worst). The average of the 4 scores is found