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it consist of life expetancy which plays a major factor in a country and education

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Q: How is the HDI a broader measure of the standard of living in a country?
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Related questions

How can automobiles be used to measure a country's standard of living?

No we cannot measure the living standard of any country through the use of automobiles.


What does a standard of living measure?

A standard of living measure is the economic position of the individual.


What is meant by a country's standard of living?

The standard of living of a country can not only be judged from the national income of that country but what is important that how people are living in that country .This can be known by the educational attainment, life expectancy and the standard of living of people etc.


A country standard of living may decline?

well, if you mean: "Can a country's standard of living decline?" then in answer to that question i would say yes, a country's standard of living can decline, anything can get worse no matter what it is


What is standard living?

a way to measure how well the needs and wants of citizens are being met by a country's economic system.


What is GDP per capita used to measure?

The GDP per capita is used to measure a country's standard of living. It is calculated by dividing the country's GDP by its population, which better allows comparison of GDP between countries.


Which country has the lower standard of living Romania for the US?

Romania has a lower standard of living.


The standard of living is a measure of?

Overall quality of life


What is Kenyan's standard of living?

The Standard of Living in Kenya is the 147th highest in the world. It is considered a developing country. Its standard of living is comparable to that of Bangladesh and Haiti.


What are some of the limitations of the national income account in how they represent your standard of living?

the limitation that effect national income is base standard of living in the country if the country have a good policy of economic definitely the standard of living will be balance


What country has the highest standard of living?

France


Which country has the lowest standard of living?

hati