why are some countries rich and some are poor?

Answer 1

Some have a lazy, stupid population with courrupt leaders.

Answer 2

Overwhelmingly, it is property rights, freedom to act and the absence of regulation.

Property rights and the freedom to act go hand in hand. In aggregate, the United States now produces 10 x the output for the same number of dollars and hours of input compared to 200 years ago. This was possible because people would compete freely for better methods of production and service delivery. Because they could claim their intellectual property through contract law, patent law, copyright law and the criminal code they were willing to invest money to make things better.

Regulation tends to appear when firms want competition to stop. Regulation is a wonderful way to "protect" consumers and at the same time guarantee competitors will not be able to afford to compete. It is a form of corruption in most cases.

If you are paid to improve your society and you can be sure you will get that extra pay, some corrupt leader will not come and take it, then you will in fact do that.

Answer 3

Well i believe that it is part of the sinful social structure that our world lives in these days. Personally i believe it was rooted in human's desire for the unlimited. In economics, it was defined that man has unlimited wants while our world only has limited resources and stuff. So if u think about it, most of our countries try to help their own people and try to abuse some other poor countries to acquire more and more. Well it's quite evident from small scale things like how some people are abused because they are poor, but this time we are now talking about countries.

Answer 4

The real answer is Private Property Rights. Originally developed by the British. Look at the rich places, former British settlements -US, Canada, Australia, Hong Kong.
After WWII and Korean War those private property rights were implemented in Japan and Korea. They are doing quite well.
-And, of course, rule of law to enforce the private property rights.
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Answer 5

Because some countries have institutions that are not conductive to growth and development. Richard Roll wrote a well-researched paper on the subject that includes a literature review and his original contributions to the polemic:

http://www.anderson.ucla.edu/documents/areas/fac/finance/19-01.pdf

Other researchers of interest are Daron Acemoglu, William Easterly, and Dani Rodrik.

Answer 6

because the presidants spend there money and the poupulation.

Answer 7

some are lucky some are not