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 comparison of the value of currency and prices between different places using a common “market basket” of goods and services
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
are u sure
Yes, I am sure. The Human Development Index (HDI) is indeed a measure of economic development that takes into account various factors such as income, life expectancy, and education. It is used to rate countries on a scale between 0 and 1, with a higher score indicating a higher level of human development.
What conclusion can you draw about the level of economic development in countries with different specializations in a commodity chain?(1 point)
Responses
Secondary sector specializations would earn the highest wages.
Secondary sector specializations would earn the highest wages.
Quaternary sector specializations would earn the highest wages.
Quaternary sector specializations would earn the highest wages.
Tertiary sector specializations would earn the highest wages.
Tertiary sector specializations would earn the highest wages.
Primary sector specializations would earn the highest wages.
Primary sector specializations would earn the highest wages.
The correct answer is:
The wages and level of economic development in countries with different specializations in a commodity chain may vary depending on various factors, such as the specific industry, the skill level required, the market demand, and the economic policies in place. It is not possible to draw a definitive conclusion that one sector specialization, such as primary, secondary, tertiary, or quaternary, would universally earn the highest wages in all cases.
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 find the answer, you can either conduct a quick internet search or refer to reliable sources such as official statistical organizations or international institutions like the United Nations Development Program (UNDP). The HDI is a commonly used indicator to assess the overall well-being and development of countries. It takes into account factors such as per capita income, life expectancy, and educational attainment to provide a numerical value between 0 and 1, where higher values indicate higher levels of human development.