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How is the Human Development Index (HDI) calculated, and what are its three main indicators?
- a)Calculated by dividing life expectancy by per capita income
- b)Calculated by adding literacy rate, infant mortality rate, and per capita income
- c)Calculated by dividing gross enrollment ratio by life expectancy
- d)Calculated by adding per capita income, life expectancy, and net attendance ratio
Correct answer is option 'B'. Can you explain this answer?
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How is the Human Development Index (HDI) calculated, and what are its ...
The Human Development Index (HDI) is calculated by adding three main indicators: literacy rate, life expectancy at birth, and per capita income. These indicators provide a comprehensive measure of a country's overall development. The HDI is a useful tool for comparing the quality of life and development across different nations.
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How is the Human Development Index (HDI) calculated, and what are its ...
Calculation of Human Development Index (HDI)
The Human Development Index (HDI) is a statistical tool used to measure the overall development of a country. It is calculated by taking into account three main indicators: literacy rate, infant mortality rate, and per capita income. The HDI ranges from 0 to 1, with a higher value indicating a higher level of human development.
Indicators used in HDI Calculation
1. Literacy Rate: This indicator measures the percentage of the population aged 15 and above who can read and write. It reflects the educational attainment of the population and their ability to access information and opportunities.
2. Infant Mortality Rate: The infant mortality rate represents the number of deaths of infants under the age of one per 1,000 live births. It is a crucial indicator of the overall health and well-being of a population, as it reflects the quality of healthcare and access to basic necessities.
3. Per Capita Income: Per capita income refers to the average income earned by individuals in a country. It is calculated by dividing the total national income by the population. This indicator reflects the economic well-being and standard of living of the population.
Calculation Methodology
To calculate the HDI, each of the three indicators (literacy rate, infant mortality rate, and per capita income) is first transformed into an index ranging from 0 to 1 using specific formulas. These indices are then aggregated to obtain the final HDI value.
1. Literacy Index: The literacy rate is converted into an index using the formula: (Actual literacy rate - Minimum literacy rate) / (Maximum literacy rate - Minimum literacy rate). The minimum literacy rate is typically set at 0 (no literacy) and the maximum literacy rate at 100.
2. Health Index: The infant mortality rate is converted into an index using the formula: (Maximum infant mortality rate - Actual infant mortality rate) / (Maximum infant mortality rate - Minimum infant mortality rate). The minimum infant mortality rate is typically set at 0 (no infant deaths) and the maximum infant mortality rate at a specified value (e.g., 100).
3. Standard of Living Index: The per capita income is transformed into an index using logarithmic scaling to account for diminishing returns to income. The formula for this conversion is: ln(Actual per capita income) / ln(Maximum per capita income).
After calculating the three indices, they are averaged to obtain the HDI. The formula for this aggregation is: (Literacy Index + Health Index + Standard of Living Index) / 3.
In conclusion, the Human Development Index (HDI) is calculated by considering the literacy rate, infant mortality rate, and per capita income of a country. These indicators are transformed into indices and then averaged to provide a comprehensive measure of human development.
The Human Development Index (HDI) is a statistical tool used to measure the overall development of a country. It is calculated by taking into account three main indicators: literacy rate, infant mortality rate, and per capita income. The HDI ranges from 0 to 1, with a higher value indicating a higher level of human development.
Indicators used in HDI Calculation
1. Literacy Rate: This indicator measures the percentage of the population aged 15 and above who can read and write. It reflects the educational attainment of the population and their ability to access information and opportunities.
2. Infant Mortality Rate: The infant mortality rate represents the number of deaths of infants under the age of one per 1,000 live births. It is a crucial indicator of the overall health and well-being of a population, as it reflects the quality of healthcare and access to basic necessities.
3. Per Capita Income: Per capita income refers to the average income earned by individuals in a country. It is calculated by dividing the total national income by the population. This indicator reflects the economic well-being and standard of living of the population.
Calculation Methodology
To calculate the HDI, each of the three indicators (literacy rate, infant mortality rate, and per capita income) is first transformed into an index ranging from 0 to 1 using specific formulas. These indices are then aggregated to obtain the final HDI value.
1. Literacy Index: The literacy rate is converted into an index using the formula: (Actual literacy rate - Minimum literacy rate) / (Maximum literacy rate - Minimum literacy rate). The minimum literacy rate is typically set at 0 (no literacy) and the maximum literacy rate at 100.
2. Health Index: The infant mortality rate is converted into an index using the formula: (Maximum infant mortality rate - Actual infant mortality rate) / (Maximum infant mortality rate - Minimum infant mortality rate). The minimum infant mortality rate is typically set at 0 (no infant deaths) and the maximum infant mortality rate at a specified value (e.g., 100).
3. Standard of Living Index: The per capita income is transformed into an index using logarithmic scaling to account for diminishing returns to income. The formula for this conversion is: ln(Actual per capita income) / ln(Maximum per capita income).
After calculating the three indices, they are averaged to obtain the HDI. The formula for this aggregation is: (Literacy Index + Health Index + Standard of Living Index) / 3.
In conclusion, the Human Development Index (HDI) is calculated by considering the literacy rate, infant mortality rate, and per capita income of a country. These indicators are transformed into indices and then averaged to provide a comprehensive measure of human development.
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How is the Human Development Index (HDI) calculated, and what are its three main indicators?a)Calculated by dividing life expectancy by per capita incomeb)Calculated by adding literacy rate, infant mortality rate, and per capita incomec)Calculated by dividing gross enrollment ratio by life expectancyd)Calculated by adding per capita income, life expectancy, and net attendance ratioCorrect answer is option 'B'. Can you explain this answer?
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How is the Human Development Index (HDI) calculated, and what are its three main indicators?a)Calculated by dividing life expectancy by per capita incomeb)Calculated by adding literacy rate, infant mortality rate, and per capita incomec)Calculated by dividing gross enrollment ratio by life expectancyd)Calculated by adding per capita income, life expectancy, and net attendance ratioCorrect answer is option 'B'. Can you explain this answer? for Class 10 2024 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about How is the Human Development Index (HDI) calculated, and what are its three main indicators?a)Calculated by dividing life expectancy by per capita incomeb)Calculated by adding literacy rate, infant mortality rate, and per capita incomec)Calculated by dividing gross enrollment ratio by life expectancyd)Calculated by adding per capita income, life expectancy, and net attendance ratioCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Class 10 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for How is the Human Development Index (HDI) calculated, and what are its three main indicators?a)Calculated by dividing life expectancy by per capita incomeb)Calculated by adding literacy rate, infant mortality rate, and per capita incomec)Calculated by dividing gross enrollment ratio by life expectancyd)Calculated by adding per capita income, life expectancy, and net attendance ratioCorrect answer is option 'B'. Can you explain this answer?.
How is the Human Development Index (HDI) calculated, and what are its three main indicators?a)Calculated by dividing life expectancy by per capita incomeb)Calculated by adding literacy rate, infant mortality rate, and per capita incomec)Calculated by dividing gross enrollment ratio by life expectancyd)Calculated by adding per capita income, life expectancy, and net attendance ratioCorrect answer is option 'B'. Can you explain this answer? for Class 10 2024 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about How is the Human Development Index (HDI) calculated, and what are its three main indicators?a)Calculated by dividing life expectancy by per capita incomeb)Calculated by adding literacy rate, infant mortality rate, and per capita incomec)Calculated by dividing gross enrollment ratio by life expectancyd)Calculated by adding per capita income, life expectancy, and net attendance ratioCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Class 10 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for How is the Human Development Index (HDI) calculated, and what are its three main indicators?a)Calculated by dividing life expectancy by per capita incomeb)Calculated by adding literacy rate, infant mortality rate, and per capita incomec)Calculated by dividing gross enrollment ratio by life expectancyd)Calculated by adding per capita income, life expectancy, and net attendance ratioCorrect answer is option 'B'. Can you explain this answer?.
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