Some people think that economic progress is the only way to measure a country's success, while others think that there are other factors which can be used to measure a country's success. What are these factors? Which, of all factors, do you think are most important?
Whereas some argue that the economic
progress
is the single way to evaluate how developed a country
is, others claim that there are different attributes that can be useful for measuring a country
's success. So, the Human Development Index as known as HDI and the Gini coeficient
are examples of other factors. And, in my opinion HDI is the most important one.
a constant number that serves as a measure of some property or characteristic
coefficient
coefficients
To begin
with, the HDI includes on its calculations aspects such
as health care system availability and infant mortality. Thus
, HDI is a comprehensive index which takes into account multiple relevant factors for a comfortable life. For example
, although
a strong economy is important for countries, a country
which has high rates of infant mortality cannot be perceived as successful. Consequently
, measuring a country
's success by its HDI is preferable than doing it by analysing only its economic progress
.
In addition
, the Gini coeficient
measures the economic inequality in the a constant number that serves as a measure of some property or characteristic
coefficient
coefficients
country
, the higher the coeficient
value is the lower the inequality is. a constant number that serves as a measure of some property or characteristic
coefficient
sufficient
Hence
, a country
in order to offer equal chances for its citizens needs to mitigate the strong economic inequalities among them. For example
, high economic inequalities can lead to not only unequal working conditions but also
studying opportunities. Therefore
, it is important that all economic progress
of a country
reaches all levels of its society.
In conclusion, while economic progress
is without doubts important, some other factors such
as the HDI and the Gini coeficient
can offer a wider view of a a constant number that serves as a measure of some property or characteristic
coefficient
country
's population conditions. Then
, in my opinion, the most relevant index is the HDI, since it condenses a comprehensive analysis of the country
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