Which one of the following is not a component of Human Development Ind...
Human Development Index (HDI) is a measure used to assess the overall development and well-being of a country's population. It takes into account various factors such as per capita income, life expectancy, and literacy rate. The HDI is calculated by the United Nations Development Program (UNDP) and is used to compare the development levels of different countries.
The correct answer to the question is option D, which states that the poverty rate is not a component of the Human Development Index. Let's explore why this is the case:
1. **Per capita income**: This component of the HDI measures the average income of individuals in a country. It is calculated by dividing the total national income by the population. Per capita income reflects the economic prosperity and living standards of a country's citizens.
2. **Life expectancy**: This component of the HDI measures the average number of years a person is expected to live in a country. It is an indicator of the overall health and well-being of the population. Higher life expectancy indicates better access to healthcare, nutrition, and overall quality of life.
3. **Literacy rate**: This component of the HDI measures the percentage of the population above a certain age (typically 15 years and above) who can read and write. Literacy rate reflects the educational attainment and intellectual development of a country's population. Higher literacy rates are associated with better employment opportunities, higher incomes, and improved overall human development.
4. **Poverty rate**: While poverty rate is an important indicator of development, it is not included as a component of the HDI. The HDI focuses on broader measures of development such as income, health, and education. However, poverty rate is often considered as a separate indicator and is used in conjunction with the HDI to provide a more comprehensive understanding of a country's development.
In conclusion, the Human Development Index (HDI) consists of components such as per capita income, life expectancy, and literacy rate. The poverty rate, although an important indicator of development, is not included as a component of the HDI.
Which one of the following is not a component of Human Development Ind...
Poverty rate is not its component b'coz...... Human Development Index is used to measure a country's overall achievement in its social and economic dimensions. The social and economic dimensions of a country are based on the health of people, their level of education attainment and their standard of living...