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Living standards

Understand the measures of living standards, including Real GDP per capita and the Human Development Index (HDI). Learn about the elements that make up real GDP and HDI, along with their respective benefits and drawbacks.

2

Objectives

20

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14

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88 min

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CambridgeIGCSEEconomicsEconomic development

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2 objective pages available

Living standards outcomes2 objectives
  • Understand the measures of living standards, including Real GDP per capita and the Human Development Index (HDI). Learn about the elements that make up real GDP and HDI, along with their respective benefits and drawbacks.
  • Examine the factors that lead to variations in living standards and income distribution both within countries and between different nations.

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