Question: Question 1 0/15 points 3. Carefully explain why development means more than the growth of per capita income. b. What are the three main
Question 1 0/15 points 3. Carefully explain why development means more than the growth of per capita income. b. What are the three main variables, or indicators, that make up the Human Development Index and what do they measure? e. How in development related to the HDI? d. What are the formulas used in the calculation of the HDI? e. Explain the limitations that the HDI has? Development has a much bigger meaning when discussing economic growth. Development has a whole list of contributors that affect the economic development while growth of per capita income. if you look at a countries hdi, it can where you see the change in income per country due to fluctuation in monetary values. The three main variables are health, education and income, the health is the life expectancy of any given place on earth. Education is the years that are expected to be in school, and income is
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