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What is GDP and HDI |
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Answer» Compared to\xa0GDP, the\xa0HDI\xa0has a greater emphasis on human development. It takes the quality of life into account, not just production capacity of a country. Education and health are considered as important to a country as economic power.\xa0GDP\xa0is considered a means to human development, but not an end. GDP stands for Gross Domestic Product and it is value of all final goods and services that occur in a country in particular yearHDI stands for Human development index GDP stands for gross domestic product And , HDI stands for Human development index |
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