Hashtags for all economic activities & functions of government in a convenient e-book
An index is a composite measure that combines multiple indicators into a single value, often to provide a broader overview or summary of a complex system.
The purpose of an index is to track and compare the overall performance or condition of a system over time or across different entities.
Examples:
- Stock market indices like the S&P 500, Dow Jones Industrial Average, and NASDAQ Composite.
- Human Development Index (HDI), which combines indicators of life expectancy, education, and income.
- Consumer Price Index (CPI), which measures changes in the price level of a basket of consumer goods and services.
- Fear and Greed Index
In summary, an indicator provides specific information about a single aspect, while an index aggregates multiple indicators to give a more comprehensive view.
Source : Copilot, asked on January 25th, 2025. Links to other Societal architecture model elements and some modifications by the editor so as to better illustrate the relevance of the concept in public policy cycles at levels international, federal and national.
The backlinks below usually do not include the child and sibling items, nor the pages in the breadcrumbs.
hashtags for goods, services and harms