Explain three component of human development index
The three basic components of HDI to know about the development of the countries is as under: 1.Life expectancy at birth, as an index of population health and longevity 2.Knowledge and education, as measured by the adult literacy rate (with two-thirds weighting) and the combined primary, secondary, and tertiary gross enrollment ratio (with one-third weighting). Human Development Index (HDI) is a static composite indicator that is used to rank the levels of development among countries. It is classified into three components, namely, life expectancy (years at birth), life expectancy (expected years of schooling), and Standard of living (GDP/GNI per capita).