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The Road To Prosperity

19 minutes 28 seconds

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From modern-day Africa, to medieval Europe, to America's Wild West, humanity's common road to prosperity begins with the rise of individual property rights and the rule of law. All societies have a concept of ownership and a desire for order. A legal framework for property and business is evolving today across the developing world. In the West, the establishment of property rights laid the foundation for order and prosperity. Is the rest of the world ready for the property revolution?

Media Details

Runtime: 19 minutes 28 seconds

Topic: Business, Social Science
Subtopic: Economics, Globalism, Government, Law
Grade/Interest Level: 9 - 12
Standards:

Release Year: 2009
Producer/Distributor: izzit.org
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Black and white portrait of Thomas Jefferson. Caption. Among these are Life, Liberty and the pursuit of Happiness.

Woman and man, seated and smiling in front of a white columned monument. Caption. Cows. Sheep?

Still image from: Advanced Placement Human Geography: Making Sense of Planet Earth--Industrialization and Economic Development

Stacked shipping containers, 1 colorfully painted with scenes in foreground. Caption. Chile is a stunning example of what can happen.

Man seated on a stool in a classroom motions across his chest with pointed left index finger while children watch. Sound of bell ringing.

2 teenage boys wearing denim jeans and t-shirts frown and look at money in their hands. Caption. If you exchange to U, S dollars.

Black and white photo of a World War 1 battle ship surrounded by crowds of people and soldiers on deck. Caption. The country went to war in 1917, singing.

2 women standing in a kitchen; 1 holds a telephone, the other has a coffee maker. Caption. Each saw the trade as a benefit to themselves.

Closeup of rice blades, some flowering. Caption. Rice is easily the most important crop.