HDI

Question 1

What does HDI Stand for?

Answer 1

Human Development Index

Question 2

What are the four components of HDI?

Answer 2

Life Expectancy at Birth, GNI per Capita, Expected years of Schooling and Mean Years of Schooling

Question 3

What range is the HDI measured on?

Answer 3

Zero to One

Question 4

Is HDI qualitative or quantitative?

Answer 4

Quantitative - The information is countable

Question 5

What are some strengths of HDI?

Answer 5

HDI is composed of simple information that is easy to gather
Includes multiple indicators that rate a country on more than just it’s economy
Focuses on quality of life rather than wealth of the people in the country.

Question 6

What are some weaknesses of HDI

Answer 6

HDI shows the average of the entire population, just like any quantitative average it can hide inequality.
HDI doesn’t really add anything to the individual indicators.
Because HDI is measured relative to other countries it can increase or decrease without the country having changed.
It is difficult to compare HDI ratings over time.