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Why some nations prosper while others sink

Leaving twenty with people living on $3 a day

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While all countries continue to rise in wealth, certain countries lag behind growing at a vastly slower rate than others. This video claims that there are three main determining factors that decide a country’s wealth: institutions, culture and geography.

Corrupt institutions outsource money and do not provide opportunities for their people, nations heavily subscribed to fanciful religious beliefs do not believe in the ability to alter their destiny and geography, for agricultural and historical reasons, predisposes some nations to poverty.

If you live in one of the prosperous 25, you’re lucky.