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Top 10 Reasons Why Singapore is Rich

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Chron Ten

Did you know Singapore is richer than the United States? With a GDP of over $466 billion, Singapore is the 6th wealthiest nation in the world, with the United States being the 7th nation. And get this: Singapore has done this while being smaller than the United States. I guess size doesn't matter after all. So, how did this small country do it? How has it beaten other countries to become one of the top wealthiest nations in the world? This is the Top 10 Reasons Why Singapore is Rich.

00:00 – Introduction
00:42 – Its Natural Resource
02:39 – Education
03:37 – Industries
05:57 – Ease of Doing Business
06:56 – Low Tax Rate
07:54 – Seaport
09:43 – Infrastructure
11:11 – Savings
11:58 – Keeping a Strong Reserve
13:07 – Visionary Leadership
14:03 – Conclusion

#singapore #rich #economy


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posted by probodemomv