Economics Hdi Questions
The Human Development Index (HDI) does not directly measure income mobility. The HDI is a composite index that measures the average achievements in three dimensions of human development: health, education, and income. It provides a broader understanding of human well-being beyond just income. However, the HDI indirectly reflects income mobility as it considers income as one of its components. Higher income levels can indicate better opportunities for upward mobility and improved living standards. Additionally, improvements in health and education, which are also measured by the HDI, can contribute to income mobility by enhancing individuals' capabilities and skills, thereby increasing their earning potential.