Economics Hdi Questions
The Human Development Index (HDI) does not directly measure income inequality. Instead, it focuses on three dimensions of human development: life expectancy, education, and income. However, the HDI indirectly reflects income inequality by considering the average income per capita as one of its components. If income inequality is high within a country, it can affect the distribution of income and potentially lower the average income per capita, which would negatively impact the HDI score. Therefore, the HDI can provide some insights into income inequality by considering income as a component of human development.