What is the human development index (HDI)?(1 point)
Responses

a term used when a value is divided by the number of people in an area
a term used when a value is divided by the number of people in an area

a measure of economic development determined by considering multiple factors, including income, life expectancy, and education, to rate countries on a scale between 0 and 1
a measure of economic development determined by considering multiple factors, including income, life expectancy, and education, to rate countries on a scale between 0 and 1

the total amount of goods and services in a market during one year’s period of time
the total amount of goods and services in a market during one year’s period of time

a comparison of the value of currency and prices between different places using a common “market basket” of goods and services
a measure of economic development determined by considering multiple factors, including income, life expectancy, and education, to rate countries on a scale between 0 and 1
a measure of economic development determined by considering multiple factors, including income, life expectancy, and education, to rate countries on a scale between 0 and 1
The correct answer is:
a measure of economic development determined by considering multiple factors, including income, life expectancy, and education, to rate countries on a scale between 0 and 1.
To get the answer to this question, you can use various sources such as textbooks, academic articles, or online resources that provide information about the Human Development Index (HDI). The HDI is a measure that takes into account factors such as income, life expectancy, and education to assess the level of development in different countries. It is scored on a scale from 0 to 1, where a higher value indicates higher levels of development. By referencing reliable sources and conducting research, you can obtain a comprehensive understanding of the HDI and its significance in gauging human development.