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The table shows the selected economic data in 2014 for Vietnam and India - Edexcel - A-Level Economics A - Question 5 - 2017 - Paper 2
Question 5
The table shows the selected economic data in 2014 for Vietnam and India. Gross National Income per capita (2011 PPPs) | Country | GNI per capita | HDI value | |--... show full transcript
Worked Solution & Example Answer:The table shows the selected economic data in 2014 for Vietnam and India - Edexcel - A-Level Economics A - Question 5 - 2017 - Paper 2
Step 1
Which one of the following statements can be deduced from the data in the table?
Answer
The correct statement is A: Average incomes are higher in India than in Vietnam. This is evident from the Gross National Income per capita values provided. India's GNI per capita is 5,497, while Vietnam's is 5,092, thus indicating that average incomes are indeed higher in India.
Step 2
With reference to the data provided, explain two limitations of using the HDI to compare levels of development between countries and over time.
Answer
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The Human Development Index (HDI) does not consider qualitative factors such as democracy, quality of education, or human rights. For instance, while HDI provides a numerical value, it fails to address the disparities in educational quality between different regions of a country.
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HDI ignores other crucial measures related to development, such as gender equity, the proportion of the workforce in agriculture, and environmental sustainability. This could lead to misleading conclusions about the overall development of a nation if these factors are not considered.