Question

The united states has the number one gross domestic product (gdp). but countries like iceland, norway, and 10 other industrialized nations rank higher on the human development index (hdi). why is that? check all that apply.

Answer 1

The reason is that aside the gdp the human development index is calculated based on three factors namely

1. life expectancy

2. Education

3. per capita income

And these countries are doing perfectly well as compared to the USA based on the above

Step-by-step explanation:

What is the human development index (HDI)?

The Human Development Index (HDI) is a statistic composite index of life expectancy, education, and per capita income indicators, which are used to rank countries into four tiers of human development.

A country scores a higher HDI when the lifespan is higher, the education level is higher, and the gross national income GNI (PPP) per capita is higher.

Answer 2

Iceland and Norway put more value on HDI factors.

Resources for any country are finite and there is a balance between GPD and HDI.

Iceland and Norway are not as focused on business as the United States.

The United States places more value on work and business than on HDI factors.

Step-by-step explanation: