The correct answer is: Health, Education, and Standard of Living.
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 scores higher on the HDI if it performs better in these areas.
The HDI was developed by the United Nations Development Programme (UNDP) as a way to measure a country’s progress in improving the well-being of its citizens. The HDI is based on the premise that human development is a process of enlarging people’s choices and opportunities, and that these choices and opportunities are shaped by the three key dimensions of human development: health, education, and standard of living.
The HDI is calculated by taking the average of three indices: life expectancy at birth, mean years of schooling, and gross national income per capita, adjusted for purchasing power parity. The indices are normalized to range from 0 to 1, with 1 representing the highest level of human development.
The HDI is a valuable tool for measuring and comparing human development across countries. It can also be used to track progress over time. However, the HDI has been criticized for being too simplistic and for not taking into account other important factors, such as inequality and gender equality.
Despite its limitations, the HDI remains an important tool for understanding and measuring human development. It is a useful way to compare countries and to track progress over time. The HDI can also be used to identify areas where countries need to improve, such as in health, education, or standard of living.
The other options are incorrect because they do not represent the three key dimensions of human development. Environment, infrastructure, and governance are important factors in human development, but they are not the only factors. Culture, technology, and innovation are also important factors, but they are not the only factors. Political participation, security, and trade are also important factors, but they are not the only factors.