Wednesday, 24 July 2024

Why do some countries get rich?


The video above points out that while globally, the world has gotten rich in the last 2 centuries, the wealth is not equally distributed. And that 6.7 billion people still live on $30 or less. Why?

At 3:16, the video provides an answer: Freedom. The freer the country, the richer the people are able to be.

At 6:35, Singapore is highlighted.