Human Development
Progress in human wellbeing; life expectancy, education, income.
Formula
HDI = ∛(Life Expectancy Index × Education Index × GNI Index)
Real World
Bangladesh has dramatically improved its human development over 30 years — life expectancy rose from 59 to 73, largely driven by investment in girls' education and expanding the garment industry.
Exam Focus
Link human development improvements to specific dimensions (health, education, income) and explain the business opportunity each creates for exam evaluation questions.
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