The correct answer is: Human Development Index.
The Human Development Index (HDI) is a composite statistic of life expectancy, education, and per capita income indicators, which are used to rank countries into four tiers of human development. A country’s HDI value is a summary measure of its achievements in key areas of human development: a long and healthy life, being knowledgeable, and having a decent standard of living.
The HDI was developed by the United Nations Development Programme (UNDP) as a way to measure a country’s progress in improving the quality of life for its citizens. The HDI is based on the following three indicators:
- Life expectancy at birth: This indicator measures the average number of years that a newborn is expected to live.
- Education: This indicator measures the mean years of schooling for adults and the expected years of schooling for children.
- Per capita income: This indicator measures the gross national income (GNI) per capita, adjusted for purchasing power parity.
The HDI is a valuable tool for measuring human development, but it has some limitations. One limitation is that it does not take into account inequality within a country. Another limitation is that it does not measure non-economic aspects of human development, such as political freedom and
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