Gross domestic product per capita and the human development
Gross domestic product per capita and the human development index are both measures of international development. why?
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Solution
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GDP per capita and HDI both are measures of international development. GDP is a very narrow approach to measuring the growth and welfare of the nation but HDI includes GDP per capita, mean year of schooling and average life expectancy in the calculation making it much more inclusive and measure the growth of the nation.
