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Question
Examine the following statement and correct the incorrect one.
Developing countries have an HDI of 1.
Solution
Incorrect.
Explanation:
No, the developing countries will not have the HDI value of 1. The HDI value is indicated to show the development score of the economy. HDI value of 0-0.5 underdeveloped countries, 0.5-0.8 developing countries, and 0.8-1 developed countries. Therefore developing countries will have an HDI value between 0.5-0.8.
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