Question

What is the relationship between gross domestic product (GDP) and the

Human Development Index (HDI)?
Check all that apply.

A. It's very difficult for any people or government to achieve gains in
all areas of life, so there is a balance between GDP and HDI.

B. GDP helps HDI, but there is a point where the pursuit of wealth at
all costs will impact HDI.

• C. High GDP is a guarantee of high HDI.

• D. Countries that spend more on factors that improve HDI ratings
will most often have GDPs that are somewhat lower than other
developed nations.

Answer 1

B. GDP helps HDI, but there is a point where the pursuit of wealth at all costs will impact HDI.

D. Countries that spend more on factors that improve HDI ratings will most often have GDPs that are somewhat lower than other developed nations.

Option A is not entirely accurate as there is no inherent "balance" between GDP and HDI. While GDP may contribute to improvements in certain aspects of HDI, such as education and healthcare, it is not the sole determinant of overall human development.

Option C is not entirely accurate as there are cases where countries with high GDP may not necessarily have high HDI, as GDP does not take into account factors such as income inequality and social well-being.

Option B highlights the idea that while GDP can contribute to improvements in HDI, there is a point at which the pursuit of GDP growth may come at the cost of other aspects of human development, such as social welfare and environmental sustainability.

Option D is accurate, as countries that prioritize spending on factors that improve HDI ratings, such as education, healthcare, and social welfare, may have lower GDPs compared to other developed nations that prioritize economic growth over social development.