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North Korea has arguably the worst economy in the world. However this was not always the case. In fact for a brief moment in time it was the most industrialized nation in Asia and persistently outperformed South Korea for decades. How did not North Korea go from the “Idea socialist state” to the worst place to live in the world?

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Contents of this video
00:00 North Korea: The Worst Place To Live in the World
03:00 Korean History & Japanese Occupation
05:08 "The Liberation of Korea"
07:28 The Korean War
09:49 North Korea's Economic Golden Age
12:45 Soviet & Chinese Aid
14:24 The Beginning of the End
17:16 Prioritizing the Military
18:49 Economic Envy
20:39 The Great Famine
22:55 Life After Collapse
25:02 How North Korea Still Exists

Sources used
The Impossible State North Korea, Past and Future by Victor Cha
Unveiling the North Korean Economy: Collapse and Transition by ByungYeom Kim
https://web.archive.org/web/201707052...
chromeextension://efaidnbmnnnibpcajpcglclefindmkaj/https://carleton.ca/economics/wpcont...
https://www.ier.hitu.ac.jp/COE/Japan...


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