HDI meaning
Measures development from 0 to 1.
3 measurements of HDI
Life expectancy at birth
Expected and mean years of schooling
GNI
Positives of HDI
Includes more than one measurement making it more accurate.
Development involves more than just economical factors so the fact that HDI includes education and standard of living, making it more reliable for measuring development.
Negatives of HDI
Doesn’t take other important factors into consideration such as gender equality, literacy rate, death rate, poverty and distribution of wealth.