Answer the following questions about household production.
What is household production?
Give a current example of household production from your life.
Do you think that national governments should include the value of household production in their measures of GDP? Explain.
Using UNDP Human Development Index data (Table 1: Human Development Index and its components (Links to an external site. (Links to an external site.) (Links to an external site.)), find the 2019 data for Gabon and Equatorial Guinea.
List and briefly describe the components of the Human Development Index and how the index is calculated.
Make one table showing the most recent figures for each of the components, for both countries. Make sure that your table is easily readable, that it has a title, that all statistics are labeled with the proper units, and that there is a citation for the source of the data.)
How do the country’s national income compare? How do their HDIs compare? Briefly comment on these findings.
Link: | Human Development Reports (undp.org)
Reading will be as a pdf from.