Which three indicators are considered while calculating the Human Development Index (HDI)?
Life expectancy, education, and per capita income
The Human Development Index, developed by the United Nations Development Programme, is a composite measure of average achievement in three basic dimensions of human development.
These dimensions are a long and healthy life (measured by life expectancy at birth), knowledge (measured by education/mean and expected years of schooling), and a decent standard of living (measured by per capita income, i.e., Gross National Income per capita).
Hence, HDI is calculated using life expectancy, education, and per capita income.
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Which branch of economics deals with the depletion of natural resources stock and pollution, which are a result of rapid economic development?
An economy in which both, the private sector and the government are involved is known as a/an ______ economy.
