Why do some microstates, especially those in Europe, tend to be immensely wealthy? e.g. Monaco, Singapore, San Marino

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Why do some microstates, especially those in Europe, tend to be immensely wealthy? e.g. Monaco, Singapore, San Marino

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Anonymous 0 Comments

When you have no space for manufacturing or agriculture, you need alternative sources of money and influence. And those small states are around anymore only because they came up with means to be important to those with wealth and influence, or got under the protection of a bigger mation.

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