Human development refers to the progress made by individuals or societies in terms of their overall well-being including health, education, income level, access to resources, and quality of life. It focuses on improving people's lives through measures beyond just economic growth.
Related terms
Gross Domestic Product (GDP): A measure that represents the total value of goods produced within a country's borders over a specific period. It is often used alongside human development to provide insights into economic aspects.
Human Development Index (HDI): An index created by the UN that combines indicators such as life expectancy, education level, and income to measure a country's overall human development.
Gender Development Index (GDI): A measure that takes into account gender inequalities in terms of health, education, and income to provide a more comprehensive view of human development.