Metrics for “greatness”

Question 1

Gini Index-

Answer 1

The distribution of income across a population, essentially measures ‘inequality’

Question 2

Human Development Index (HDI)-

Answer 2

Measures the quality of life (assesses health, education, and wealth of population). AKA: “Standard of living”

Question 3

Gross Domestic Production (GDP)-

Answer 3

Most used measure for the size of an economy.