Examlex
The UN's Human Development Index (HDI) takes into account three factors. These are:
Fewer Problems
A situation or condition characterized by a reduced number of difficulties, issues, or challenges.
Discretionary Income
The amount of an individual's income left for spending, investing, or saving after taxes and personal necessities have been paid.
Standard Of Living
The level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or geographic area.
Consumer Confidence
A measure of how optimistic or pessimistic consumers are about their financial situation and the overall state of the economy.
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