Choose whether the statement is true/false:

Human development is broader than economic development.

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Detailed Solution

The above statement is true.
Human development is broader than economic development.
Studies of the human condition are involved in human development, with the capacity approach at its foundation. The United Nations measures human development progress using the inequality-adjusted Human Development Index. It is an alternate method of understanding development that places more of an emphasis on social fairness than merely economic prosperity. According to the UNDP, human improvement is "the procedure of widening people's options," which include "political freedom, different mounted human rights, and distinct components of self-respect," as correctly as "lived a protracted and healthful life, to be educated, to have an affordable great of living." Human development, therefore, encompasses much more than economic growth, which merely broadens people's options.

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