In 1990,the United Nations Development Program Introduced the Human Development

question 129

True/False

In 1990,the United Nations Development Program introduced the Human Development Index (HDI),establishing three new criteria-in addition to gross domestic product (GDP)-for measuring the level of development in a country: life expectancy,health,and education.

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Definitions:

Sweaters

Garments intended to cover the upper body and arms, typically knitted from wool, cotton, or synthetic fibers.

Production Possibility Frontiers

A portrayal conveying the absolute production potential for two commodities, hinging on distinct inputs such as resources and supplementary factors.

International Trade

The exchange of goods and services across international borders or territories, influenced by comparative advantages, exchange rates, and international agreements.

Comparative Advantage

The ability of an individual or country to produce a good or service at a lower opportunity cost than another producer, supporting international trade.