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What are the factors included in the human development index? Explain them.

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Determinants of Human Development Index:

  • To keep things simple, HDI is prepared using three factors namely,

(1) Life expectancy,
(2) Education and
(3) Income.

  • Life expectancy refers to the expected number of years a child will live at the time of birth, data on education depicts social achievements whereas income data depicts the standard of living.
  • Note that while calculating HDI instead of considering absolute values, average of all the three values is measured.

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