Human Development

Question 1

What is the key component of Human Development?

Answer 1

Equity

Question 2

Define Human Development

Answer 2

*The level of wellbeing of people and an environment where people can lead long, healthy & fulfilling lives in accordance with their needs & interests.

Question 3

What are the ADVANTAGES of the HDI?

Answer 3

*HDI accounts for more than average incomes.
*Indication of opportunities for education (access to knowledge).
*Average income - ability to access resources needed for a decent standard of living.

Question 4

What are the LIMITATIONS of the HDI?

Answer 4

*HDI only reflects aspects of human development & does not capture depth of human development.
*HDI is based on averages & does not provide an indication of the inequalities that exist within countries.