Economics Hdi Questions
The Human Development Index (HDI) plays a crucial role in measuring educational attainment by including the average years of schooling and expected years of schooling as two of its components. The average years of schooling measure the number of years a person aged 25 and older has spent in formal education, while the expected years of schooling measure the number of years a child of school entrance age is expected to spend in education. By incorporating these indicators, the HDI provides a comprehensive assessment of educational attainment, which is essential for evaluating the overall development and well-being of a country's population.