Why Singapore is One of the World's Richest Countries

Thanks to Scopely for sponsoring this video - Download Star Trek Fleet Command on iOS & Android and battle in the Star Trek universe here: https://pixly.go2cloud.org/SH3Mc Today Singapore is one of the richest and most prosperous nations on earth, but it's not exactly obvious how. At independence it was surrounded by hostile nations, had no natural resources, two thirds of its population lived in slums and it appeared destined to remain underdeveloped and poor. How did Singapore succeed when many other nations failed and is Singapore's economic miracle just too good to be true? Please Subscribe! https://www.youtube.com/c/CasualSchol... ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Support the Channel!   / casualscholar   ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ -Contents of this video------------------------------- 00:00 - Singapore's Humble Beginnings 03:01 - The Beginning's of Singapore 04:43 - The Rise of Singapore 06:49 - The Fall of Singapore 08:32 - Independence 10:42 - Building a Nation from Scratch 11:39 - Dictatorship 12:59 - Housing the Masses 14:35 - Singapore's Economic Miracle 16:39 - Improving Productivity 18:11 - State Owned Enterprises 19:27 - The 4th Richest Nation on Earth ----------------------------------------------------------------------- ⭐ BECOME A CASUAL SCHOLAR MEMBER Support the channel for $2.99/month and unlock: • Members-only documentary archive • New videos 24 hours early • Behind-the-scenes updates • Your name in the credits of new documentaries JOIN HERE →    / @casualscholar   Your support helps fund the research, writing, and editing behind every documentary. Thank you for helping make the next chapter possible. Thank you to the channel's generous Members! Talon H Hayden H Adrian W Pulaski ----------------------------------------------------------------------- - Sources used -------------------------------------------- The Economic Growth of Singapore: Trade and Development in the Twentieth Century by W. G. Huff From Third World to First: The Singapore Story: 1965-2000 by Lee Kuan Yew -https://www.thoughtco.com/singapores-... -chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://www.emerald.com/insight/conte... -https://www.researchgate.net/publicat... -chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://lkyspp.nus.edu.sg/docs/defaul.... #SingaporeEconomy #SingaporeRich #LeeKuanYew #Economics #CasualScholar