Economic Development Indices: Questions And Answers

Explore Questions and Answers to deepen your understanding of economic development indices.

80 Short 80 Medium 36 Long Answer Questions Question Index

Short Answer Questions

Question 1. What are economic development indices?

Question 2. Why are economic development indices important?

Question 3. What are the different types of economic development indices?

Question 4. How are economic development indices calculated?

Question 5. What is the Human Development Index (HDI)?

Question 6. What factors are considered in the calculation of the HDI?

Question 7. What are the limitations of the HDI?

Question 8. What is the Gross Domestic Product (GDP)?

Question 9. How is GDP calculated?

Question 10. What are the limitations of using GDP as an economic development indicator?

Question 11. What is the Gross National Income (GNI)?

Question 12. How is GNI calculated?

Question 13. What is the Purchasing Power Parity (PPP)?

Question 14. How is PPP used in economic development analysis?

Question 15. What is the Inequality-adjusted Human Development Index (IHDI)?

Question 16. How is the IHDI calculated?

Question 17. What is the Gender Development Index (GDI)?

Question 18. How is the GDI calculated?

Question 19. What is the Gender Inequality Index (GII)?

Question 20. How is the GII calculated?

Question 21. What is the Multidimensional Poverty Index (MPI)?

Question 22. How is the MPI calculated?

Question 23. What is the Sustainable Development Index (SDI)?

Question 24. How is the SDI calculated?

Question 25. What is the Ease of Doing Business Index (EDBI)?

Question 26. How is the EDBI calculated?

Question 27. What is the Global Competitiveness Index (GCI)?

Question 28. How is the GCI calculated?

Question 29. What is the Corruption Perceptions Index (CPI)?

Question 30. How is the CPI calculated?

Question 31. What is the Rule of Law Index (RLI)?

Question 32. How is the RLI calculated?

Question 33. What is the Index of Economic Freedom (IEF)?

Question 34. How is the IEF calculated?

Question 35. What is the Global Innovation Index (GII)?

Question 36. What is the Environmental Performance Index (EPI)?

Question 37. How is the EPI calculated?

Question 38. What is the World Happiness Report (WHR)?

Question 39. How is the WHR calculated?

Question 40. What is the Global Peace Index (GPI)?

Question 41. How is the GPI calculated?

Question 42. What is the Global Hunger Index (GHI)?

Question 43. How is the GHI calculated?

Question 44. What is the Education Index (EI)?

Question 45. How is the EI calculated?

Question 46. What is the Health Index (HI)?

Question 47. How is the HI calculated?

Question 48. What is the Poverty Index (PI)?

Question 49. How is the PI calculated?

Question 50. What is the Unemployment Rate (UR)?

Question 51. How is the UR calculated?

Question 52. What is the Inflation Rate (IR)?

Question 53. How is the IR calculated?

Question 54. What is the Foreign Direct Investment (FDI)?

Question 55. How is FDI calculated?

Question 56. What is the Human Poverty Index (HPI)?

Question 57. How is the HPI calculated?

Question 58. What is the Economic Freedom Index (EFI)?

Question 59. How is the EFI calculated?

Question 60. What is the Global Gender Gap Index (GGGI)?

Question 61. How is the GGGI calculated?

Question 62. What is the Global Slavery Index (GSI)?

Question 63. How is the GSI calculated?

Question 64. What is the Global Talent Competitiveness Index (GTCI)?

Question 65. How is the GTCI calculated?

Question 66. What is the Global AgeWatch Index (GAWI)?

Question 67. How is the GAWI calculated?

Question 68. What is the Global Cities Index (GCI)?

Question 69. What is the Global Livability Index (GLI)?

Question 70. How is the GLI calculated?

Question 71. What is the Global Well-being Index (GWI)?

Question 72. How is the GWI calculated?

Question 73. What is the Global Democracy Index (GDI)?

Question 74. What is the Global Energy Architecture Performance Index (GEAPI)?

Question 75. How is the GEAPI calculated?

Question 76. What is the Global Retail Development Index (GRDI)?

Question 77. How is the GRDI calculated?

Question 78. What is the Global Logistics Performance Index (GLPI)?

Question 79. How is the GLPI calculated?

Question 80. What is the Global Food Security Index (GFSI)?

Medium Answer Questions

Question 1. What are economic development indices?

Question 2. Why are economic development indices important?

Question 3. What are the different types of economic development indices?

Question 4. How are economic development indices calculated?

Question 5. What is the Human Development Index (HDI)?

Question 6. What are the components of the Human Development Index (HDI)?

Question 7. How is the Human Development Index (HDI) calculated?

Question 8. What is the Gross Domestic Product (GDP)?

Question 9. How is the Gross Domestic Product (GDP) calculated?

Question 10. What are the limitations of using Gross Domestic Product (GDP) as an economic development indicator?

Question 11. What is the Gross National Income (GNI)?

Question 12. How is the Gross National Income (GNI) calculated?

Question 13. What is the Purchasing Power Parity (PPP)?

Question 14. How is the Purchasing Power Parity (PPP) calculated?

Question 15. What is the Inequality-adjusted Human Development Index (IHDI)?

Question 16. How is the Inequality-adjusted Human Development Index (IHDI) calculated?

Question 17. What is the Gender Development Index (GDI)?

Question 18. How is the Gender Development Index (GDI) calculated?

Question 19. What is the Gender Inequality Index (GII)?

Question 20. How is the Gender Inequality Index (GII) calculated?

Question 21. What is the Multidimensional Poverty Index (MPI)?

Question 22. How is the Multidimensional Poverty Index (MPI) calculated?

Question 23. What is the Education Index?

Question 24. How is the Education Index calculated?

Question 25. What is the Health Index?

Question 26. How is the Health Index calculated?

Question 27. What is the Income Index?

Question 28. How is the Income Index calculated?

Question 29. What is the Poverty Index?

Question 30. How is the Poverty Index calculated?

Question 31. What is the Unemployment Rate?

Question 32. How is the Unemployment Rate calculated?

Question 33. What is the Inflation Rate?

Question 34. How is the Inflation Rate calculated?

Question 35. What is the Foreign Direct Investment (FDI)?

Question 36. How is the Foreign Direct Investment (FDI) calculated?

Question 37. What is the Human Poverty Index (HPI)?

Question 38. How is the Human Poverty Index (HPI) calculated?

Question 39. What is the Sustainable Economic Development Assessment (SEDA)?

Question 40. How is the Sustainable Economic Development Assessment (SEDA) calculated?

Question 41. What is the Global Competitiveness Index (GCI)?

Question 42. How is the Global Competitiveness Index (GCI) calculated?

Question 43. What is the Ease of Doing Business Index?

Question 44. How is the Ease of Doing Business Index calculated?

Question 45. What is the Corruption Perceptions Index (CPI)?

Question 46. How is the Corruption Perceptions Index (CPI) calculated?

Question 47. What is the Rule of Law Index?

Question 48. How is the Rule of Law Index calculated?

Question 49. What is the Global Peace Index (GPI)?

Question 50. How is the Global Peace Index (GPI) calculated?

Question 51. What is the Environmental Performance Index (EPI)?

Question 52. How is the Environmental Performance Index (EPI) calculated?

Question 53. What is the Happy Planet Index (HPI)?

Question 54. How is the Happy Planet Index (HPI) calculated?

Question 55. What is the Gender Equality Index (GEI)?

Question 56. How is the Gender Equality Index (GEI) calculated?

Question 57. What is the Social Progress Index (SPI)?

Question 58. How is the Social Progress Index (SPI) calculated?

Question 59. What is the Inclusive Development Index (IDI)?

Question 60. How is the Inclusive Development Index (IDI) calculated?

Question 61. What is the Global Hunger Index (GHI)?

Question 62. How is the Global Hunger Index (GHI) calculated?

Question 63. What is the Global Innovation Index (GII)?

Question 64. How is the Global Innovation Index (GII) calculated?

Question 65. What is the Global Talent Competitiveness Index (GTCI)?

Question 66. How is the Global Talent Competitiveness Index (GTCI) calculated?

Question 67. What is the Networked Readiness Index (NRI)?

Question 68. How is the Networked Readiness Index (NRI) calculated?

Question 69. What is the Travel and Tourism Competitiveness Index (TTCI)?

Question 70. How is the Travel and Tourism Competitiveness Index (TTCI) calculated?

Question 71. What is the Global Enabling Trade Report (GETR)?

Question 72. How is the Global Enabling Trade Report (GETR) calculated?

Question 73. What is the Global Logistics Performance Index (LPI)?

Question 74. How is the Global Logistics Performance Index (LPI) calculated?

Question 75. What is the Global Retail Development Index (GRDI)?

Question 76. How is the Global Retail Development Index (GRDI) calculated?

Question 77. What is the Global Connectivity Index (GCI)?

Question 78. How is the Global Connectivity Index (GCI) calculated?

Question 79. What is the Global Cybersecurity Index (GCI)?

Question 80. How is the Global Cybersecurity Index (GCI) calculated?

Long Answer Questions

Question 1. What are economic development indices and why are they important?

Question 2. Explain the difference between economic growth and economic development.

Question 3. What are the main indicators used to measure economic development?

Question 4. Discuss the advantages and disadvantages of using GDP as a measure of economic development.

Question 5. What is the Human Development Index (HDI) and how is it calculated?

Question 6. Explain the concept of Gross National Happiness (GNH) and its relevance to economic development.

Question 7. What is the Gini coefficient and how is it used to measure income inequality?

Question 8. Discuss the role of education in economic development.

Question 9. Explain the concept of sustainable development and its importance for economic growth.

Question 10. What are the main challenges faced by developing countries in achieving economic development?

Question 11. Discuss the impact of globalization on economic development.

Question 12. Explain the concept of inclusive growth and its significance for economic development.

Question 13. What is the role of infrastructure in promoting economic development?

Question 14. Discuss the relationship between foreign direct investment (FDI) and economic development.

Question 15. Explain the concept of poverty trap and its implications for economic development.

Question 16. What are the main factors that contribute to economic inequality?

Question 17. Discuss the role of entrepreneurship in driving economic development.

Question 18. Explain the concept of economic diversification and its importance for sustainable development.

Question 19. What are the main strategies used by governments to promote economic development?

Question 20. Discuss the impact of corruption on economic development.

Question 21. Explain the concept of foreign aid and its role in supporting economic development.

Question 22. What are the main challenges faced by small island developing states (SIDS) in achieving economic development?

Question 23. Discuss the role of agriculture in economic development.

Question 24. Explain the concept of industrialization and its impact on economic development.

Question 25. What are the main factors that contribute to economic growth in developing countries?

Question 26. Discuss the relationship between population growth and economic development.

Question 27. Explain the concept of foreign debt and its implications for economic development.

Question 28. What are the main challenges faced by landlocked developing countries in achieving economic development?

Question 29. Discuss the role of technology in promoting economic development.

Question 30. Explain the concept of income distribution and its impact on economic development.

Question 31. What are the main factors that contribute to economic inequality between countries?

Question 32. Discuss the role of trade liberalization in economic development.

Question 33. Explain the concept of foreign direct investment (FDI) and its importance for economic development.

Question 34. What are the main challenges faced by least developed countries (LDCs) in achieving economic development?

Question 35. Discuss the role of infrastructure in promoting economic development.

Question 36. What are the main factors that contribute to economic inequality within countries?