
Publication
RELATIONSHIP BETWEEN GROSS DOMESTIC PRODUCT AND HUMAN DEVELOPMENT INDEX
(STEF92 Technology, 2017, J. Hudakova)
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The quality of live is an interesting and important social topic but to measure the life quality is currently a complicated issue. Gross domestic product (GDP) per capita is a measure of a countryВ’s economic output that accounts for population. It tells you how prosperous a country feels to each of its citizens. However, it is not a complete measure of economic welfare. The Human development index (HDI) was created with a goal to emphasize that not only economic growth but also people and their abilities could be...
SOCIAL SCIENCES: Section Economics and Finance2017
