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Question
What are the three basic areas of human development?
Solution
- Access to resources: It is taken as an indicator of economic condition and ability of individuals to purchase goods of their demands. The indicator used to determine this is per capital income, which shows purchasing power of individuals in terms of dollars.
- Health: Longevity of people of the country indicates the availability of health care services and facilities in the country. Country with higher life expectancy tends to have higher HDI.
- Education: The adult literacy rate and gross enrollment ratio represents access to knowledge.
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