Notes on Economy Movie

The movie that we watched in class asked why is america's economy so well off, and it also compared and contrasted the views and ideas of different nations and their economy's. It had a large segment that explained the power of the government in Hong Kong and how it lack of a safety has actually propelled its economy and overall economic wealth of the average family. People in the movie expressed that the simplicity of starting a business in Hong Kong enables people to start their own businesses and therefore makes anyone capable of running a company. Also the fact that there is no safety net such as welfare or any other system to help those with little or no money, makes everyone try harder and contribute because they know that no one will help them if they fail. They are not ok with mediocrity and do not get complacent, they always strive for more money.