Definition
Global index utilize to rank the development of countries by examining the achievements of the inhabitants of the country. The index factors in three important elements: standard of living, life expectancy, and literacy level. The index is not 100% accurate in its determinations due to inconsistencies and lack of data in certain parts of the world. The index was established in 1990 by the United Nations.
Related Articles
- Consider Taxes When Picking Mutual Funds *
- Dollar Cost Averaging Stock Strategy *
- Planning to Retire? Don't Count On Social Security Alone *
- Introduction to the Federal Reserve and its Structure *
- How to Avoid or Escape Credit Card Debt *
- Life Insurance: Types of Policies and Provisions *
- What is a Credit Union? *
- What is an S Corporation? *
Related Videos
http://www.businessdictionary.com/definition/human-development-index-HDI.html
