INDICATORS OF GROWTH AND DEVELOPMENT — Economics STD 12 Commerce — Question
Gujarat BoardEnglish MediumSTD 12 CommerceEconomicsINDICATORS OF GROWTH AND DEVELOPMENT2 Marks
Question
State the Limitation of $HDI.$
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Answer
Limitation of $HDI:$
$(1)$ Only three social indicators are included in $HDI$ which is less. Other indicators are ignored.
$(2)$ All indicators are given equal weight age. But in reality, in different situations, different indicators become important.
$(3)$ Human development Index is not an absolute expression. It only shows the relative progress, as it compares one country with the other.
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