WHY DID US GET RICH BUT MEXICO CITY LATIN AMERICA NEVER DID?

In 1600, almost everyone would have bet on the south. The silver mountains, the huge empires, the grandest cities in the Americas. And almost everyone would have lost. So what actually happened? The answer isn't luck, climate, or the people. It comes down to a single piece of paper that says what belongs to you, and the rules behind it. In this video, you'll see how Spanish silver mines and a few starving settlers in Jamestown ended up on opposite sides of history, what Melissa Dell's research found about the old Potosí mita, why the Homestead Act mattered so much, and what Hernando de Soto discovered when his team tried to open a tiny workshop in Lima. If this made you look at your own drawer a little differently, hit like, drop a comment with what surprised you most, and subscribe for more stories about how we got here. #history #economics #latinamerica #unitedstates #whynationsfail #economichistory #inequality #colonialhistory #spanishempire #potosi #jamestown #homesteadact #propertyrights #hernandodesoto #nobelprize #acemoglu #educational #explainer #doodleanimation #worldhistory#humanhistory #evolution #anthropology #survival #iceage #prehistory #humanorigins #wintersurvival #ancienthumans #paleolithic #archaeology #humanevolution #survivalskills #historyfacts #didyouknow #sciencefacts #ancienttechnology #humanculture #naturalhistory #educational