How did Singapore become an insanely rich country despite having pretty much zero resources that it can exploit?

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How did Singapore become an insanely rich country despite having pretty much zero resources that it can exploit?

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Anonymous 0 Comments

Step 1: start as an international trade hub (even if a former colony).

Step 2: super stable and conservative government focused entirely on business, enforcing the law, and stability.

Step 3: have a population of highly educated, high industrious people who are willing to embrace a business focused and lawful lifestyle.

The end result is that a society that suffers very little “drag” from drug addicts, violent crime, corruption, “useless” members of society.

And the stable government with stable laws is great for international companies, which has flocked to Singapore.

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