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Human Development Index (HDI)
a tool developed by the UN to measure and rank countries level of social and economic development.
Dimensions of HDI
A long and healthy life
Knowledge
A decent standard of living
Indicators of HDI
Life expectancy
Mean years of schooling
expected years of schooling
GNI per capita
Advantages of the HDI
analyses progress that is made by countries over time
takes more than just average incomes into account
Disadvantages of the HDI
is based on averages
does not address inequalities within countries