The question of why some countries are rich while others are poor is an interesting one, given that one often finds themselves wondering if they would be able to achieve more in their life, or perhaps not lead as comfortable a life, had they been born in a different country.

villagers and mud houses in china

The team from The School of Life YouTube channel have taken a shot at this question, putting forward quite a believable hypothesis that distills a country’s success based on three factors, namely the quality of their institutions, the culture they have, the natural resources they find and what latitude they’re on.

(Of course, the impact of colonialism or the actions of a controlling dictator shouldn’t be completely ignored, but for this hypothesis, these two human factors are set aside.)

Related Link: YouTube | The School of Life