※ 2014 KBS Economic Project [Conditions for a Rich Nation] 3-part series ■ 0:00 Title ■ 0:16 Part 1: Divided City How are rich countries created? Where do the differences between rich and poor countries begin? It vividly unfolds through world history how 'inclusive society and political system' divided the fate of Nogales, a border city between Mexico and the United States. How much influence do race, geography, and resource theories have on determining the wealth of a country? Nogales, now divided between the United States and Mexico, was once one city. It had the same racial and cultural environment, but now looks different. The biggest difference is the economic situation. While the annual household income of Nogales in the United States is 30 million won in our currency, that of Nogales in Mexico is only 8 million won. Is the income gap simply because the countries are different? The cause of the gap between the rich and poor in the two Nogales lies in the differences in political and economic systems! ■ 47:54 Part 2: The Price of Greed Why do rich countries fail and fall? The medieval Republic of Venice was a global economic powerhouse that actively traded by sea. Marco Polo, who left behind the Travels of Marco Polo, traveled to Western Asia and China to import spices and is a symbol of Venice's vigorous trade activities. In this way, Venice became the wealthiest city in the world during the Middle Ages. However, Venice's prosperity reached a turning point after 500 years. In 1286, the Great Council restrained citizens from accumulating enormous wealth. It revised the existing rules that prohibited hereditary succession and began to become closed, such as by creating the Golden Book, and the greed of the vested interests brought about the fall of the rich country. What are the lessons from the fall of Venice? ■ 1:35:09 Part 3: The New Wealth of Nations How can we create a rich country and sustain its prosperity? Explains why the national vision of a rich country is more important than that of a powerful country and presents the method of the New Wealth of Nations. 'The world's second largest economy', 'A country that threatens the United States' The fancy adjectives that once described capitalist Japan are becoming increasingly extravagant. After the bubble burst and the 'lost 20 years', Japan is suffering from an economic recession, increasing poverty, irregular workers, and black companies, and we examine the uncertain future that the Korean economy must avoid. #Rich country #Country #Economy ✔KBS Documentary KBS Official YouTube Channel [KBS Documentary] ????Subscribe????Like➡️ / @kbsdocumentary ????Contact: [email protected] Copyright ⓒ KBS. All rights reserved. Unauthorized reproduction, redistribution, and use (including AI training) are prohibited. ∙Unauthorized reproduction, redistribution, and use (including AI training) are prohibited. ∙The current situation and content may differ slightly depending on the time of broadcast. ∙Defamatory or malicious comments may be deleted by the operator to protect the performer.