{"page":"\n\n
\n
\n
\n
\n
\n\nVideo\n
\n

\nSwitzerland - The Land of the Rich & Home of the Bank?: Economic Philosophy Of Switzerland\n

\n
\n
\nGet Free Access for 10 Days!\n
\n
\n
\n
\n
\n
×
\n\n\n
\n\nPublisher:\n\nEconomics Explained\n\n\n
\n
\nSwitzerland, an extremely beautiful landlocked country in the heart of Europe, this picturesque nation is home to one of the most advanced economies in the world. When ignoring micronations like Monaco or Lichtenstein, Switzerland is one...\nSwitzerland, an extremely beautiful landlocked country in the heart of Europe, this picturesque nation is home to one of the most advanced economies in the world. When ignoring micronations like Monaco or Lichtenstein, Switzerland is one of only two countries in the world that has a nominal GDP above $80,000 USD per capita. The Swiss are a little bit different though, other wealthy nations like Norway were typically blessed by a treasure trove of natural resources Switzerland did not have this. It was also lacking a lot of other key ingredients that contribute heavily to most successful countries, it did not have open access to an ocean for international trade, it did not have a particularly competitive cheap labor market, it did not have terrain that made building productive infrastructure particularly easy and it didn’t even have a population that could agree on what language to speak. So what was its secret then, how did this nation obtain such tremendous wealth while seemingly been at such a huge disadvantage. In this video, we will attempt to find out by looking beyond just the simple facts and figures that make for strong economies.

Helping you become more knowledgeable about how the world works, our content covers the biggest topics and headlines through the eyes of economists. The team explores a wide range of subjects improving your ability to understand the world more clearly.
This is economics, explained.

Switzerland - The Land of the Rich & Home of the Bank Part 2\n
\n
\n\n
\n
\n
\n
\n

Resource Details

\n
\n
\n
\n
Curator Rating
\n
\n
\n
\n
\n
\n
Educator Rating
Not yet Rated
\n
\n
\n
\n
\n
Media Length
\n
6:39
\n
\n
\n
\n
\n
Grade
9th - Higher Ed
\n
\n
\n
\n
\n
Subjects
Social Studies & History
4 more...
\n
\n
\n
\n
\n
Media Type
Instructional Videos
\n
\n
\n
\n
\n
Source:
\n
\nEconomics Explained\n\n
\n
\n
\n
\n
\n
Date
\n
2019
\n
\n
\n
\n
\n\n
Language
English
\n
\n
\n
\n
\n
Audiences
For Teacher Use
2 more...
\n
\n
\n
\n
\n
Usage Permissions
Fine Print: Educational Use
\n
\n
\n
\n
\n
\n

Additional Materials

\n
\n\nSign in or Join Now
\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" href=\"/subscription/new\">Video Transcript\n
\n
\n\nSign in or Join Now
\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" href=\"/subscription/new\">Video Preview\n
\n
\n
\n

Concepts

\n
\n
natural resources, business, banks, banking, switzerland, china, economy, money, economics, governments
\n
\n\n\n
\n
\n
\n
\n

Additional Tags

\n
\n
the economy of switzerland, the economics of switzerland, the economy of switzerland explained, the economics of switzerland explained, switzerland economics explained, economics explained switzerland, switzerland economy explained, switzerland economy, switzerland economy economics explained, switzerland economics, how switzerland economy works, how the swiss economy works, swiss economics, swiss economy explained, swiss economics explained, economics explained, swiss bank, rich today, today, home, bank, means, thing, people, world, confidence, cash, safe, hold, store, happy, nation, kind, activity, popular, study
\n
\n\n\n
\n
\n
\n
\n

Classroom Considerations

\n
Best For: Explaining a topic
Video is ad-free
\n
\n
\n

Educator Ratings

\n
\n
\n
\n
\n
\n\nShow resource details\n
\n
\n\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: Switzerland - The Land of the Rich & Home of the Bank?: Economic Philosophy Of Switzerland\" href=\"/subscription/new\">\"Switzerland\n\n
\n
\n
\n\n\n\n"}