Answer:
B: HDI measures human development, while GDP measures economic development.
Edge 2022
Both the Human Development Index (HDI) and the Gross Domestic Product (GDP) are measurements that detail the economic and social development of a country, but have significant differences in its approach and the object of their measurements.
The Human Development Index (HDI) is an index used to compare wealth in different countries, in the same way as Gross Domestic Product (GDP). While GDP focuses on material wealth, HDI is claimed to provide a more complete picture, as it is a balance of life expectancy, education level and GDP.
Comparison between the measurement of the Human Development Index (HDI) and gross domestic product (GDP) is that it is the HDI that measures human development, while GDP measures economic development. Hence, Option B is correct.
The term Human Development Index is also known as the HDI. From the name of the term, its use can be understood which means it is a summary that tells about human development. It can be defined as a summary that is prepared from the measurement which is of the country's average achievements.
The aspects for measuring human development are health, knowledge, and standard of living. This kind of measurement is often used by the countries like United Nations. The reason behind the use of such a system is to evaluate the level of individual human development in each country. The components use for measurement are average annual income and educational expectations to rank and compare countries.
Thus, Option B is correct.
Learn more about Human Development Index from here:
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