Correct option is A
Correct Answer: (A) Mahbub ul-Haq
Explanation:
- Mahbub ul-Haq, a Pakistani economist, created the Human Development Index (HDI) in 1990.
- The HDI was developed to provide a broader measure of human development beyond just economic indicators like GDP.
- It incorporates factors such as life expectancy, education, and standard of living, offering a more comprehensive view of a country's social and economic achievements.
Other Options:
- Gary Becker: A renowned economist known for his work on human capital, family economics, and behavior, but he did not create the HDI.
- Amartya Sen: Amartya Sen contributed significantly to the development of human development theory and welfare economics, but the HDI was specifically created by Mahbub ul-Haq.
- Paul Samuelson: A prominent economist known for his work on economics and welfare economics, but not for the creation of HDI.