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Who among the following created the Human Development Index (HDI), a statistical tool used to measure a country's overall achievement in its social an
Question

Who among the following created the Human Development Index (HDI), a statistical tool used to measure a country's overall achievement in its social and economic dimensions, in 1990?

A.

Mahbub ul-Haq

B.

Gary Becker

C.

Amartya Sen

D.

Paul Samuelson

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.

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