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32,186 Views • Feb 26, 2023 • Click to toggle off description
Are sunny skies and balmy temperatures the key to economic success? Could it be that simple — just turn up your thermostat, save cash on sweaters AND get rich?! Find out as we examine if weather can actually determine a nation's wealth! What role do political stability, access to education, ease of business transactions & natural resources have when comparing nations' economies? Our Economic SPidey sense are working overtime trying to crack this case - read on for answers!!
#economics #weather #learning #rich #wealth
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YouTube Comments - 136 Comments
Top Comments of this video!! :3
Singapore, Hong Kong, Taiwan, Botswana, the Gulf States, and New Zealand famously being cold all the time?
13 |
Not so cold countries like India and China have been the wealthiest countries/regions of the world for many centuries.
I think the culture, religion and social system of a country/region is the biggest factor.
42 |
Can we have a link please?
30 |
I'm from Morocco and as a relatively undeveloped country, weather plays an extremely important role because of it's direct influence on the primary (agricultural) sector.
Agriculture contributes to about 11 to 18% of our GDP depending on the fluctuations of the weather, it is the source of revenue to more than 50% of the population and roughly 20% of our exportations.
Economic growth of Morocco is (as of now) mostly dependent on exogenous factors such as the weather.
1 |
Snow ensure enough water supply for agriculture and industry. Plus water from snow melt has carved navigable rivers across cold regions and allowed the easy and cheap transportation of raw materials.
24 |
https://youtu.be/lmrra8i4hZY Here's the link to the video...
30 |
Yes colder the country the more wealthier the country! That is why the wealthiest society resides in Siberia and Antarctica receptively. Everyone rants and raves about the icy frozen lakes and seas, and the inaccessibility of common utility, and food! Bravo!
9 |
cool idea to have youtube shorts that promote your videos but without a link to the video in the description at least its kinda useless. no annotation.. no links... am i meant to just search for the video?
17 |
It's a good argument if you only consider the last 300 years before that it was reverse
1 |
Not the cold per se, if it were the Inuit and Greenland would be an economic powerhouse. Perennially cold weather also devastates crops and civilization. Isn't it rather the countries which alternate between hot and cold? The climate teaches them to work their tails off while it's warm if they don't want to be wiped out when winter comes around. Not to mention clear-cut seasonality promotes a sense of structure and organization of time.
5 |
Yeah Australia is very cold
17 |
Has nothing to do with cold countries being located physically close to the origin of the Industrial Revolution. Nope. It's definitely the cold weather.
1 |
Access to deep-water ports.
7 |
If you are interested on this topic I recommend Robert's Levine Book"A geography of time.I where he describes, based on a experiment he did in 35 countries. How the perception of time changes from cold countries and hot countries and how this affects their productivity as a whole, among other things.
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Perhaps the correlation could be caused by northern regions having more coal which was important for the early stages of industrialization and later for chemical industries.
7 |
Wow you pay attention… way to plug the long form content everyone will start doing great way to imput it well done
|
Look at the lower half of Africa Bruv, the weather treats them well but they don’t treat each other well. You need balance, weather really does help out with an abundance of food but you need structure.
1 |
Totally the fault of weather and not economic domination by larger more powerful nations
1 |
LOL, my country should be the richest one according to such logic. -28°C here is a normal day, show is everywhere. You,guys, have ever seen icerain?
1 |
@lajya01
1 year ago
Try to work when it's 35c and 80% humidity.
55 |