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📖 Why Nations Fail – Full Book Summary | Daron Acemoglu & James A. Robinson Why do some nations become rich and powerful while others remain poor and unstable? This video gives you a detailed summary of the book Why Nations Fail by Daron Acemoglu and James A. Robinson. The authors explain that the success or failure of nations is not due to geography, culture, or luck, but because of their political and economic institutions. Using examples from the Roman Empire, the Industrial Revolution, the Soviet Union, China, Africa, and Latin America, they show why inclusive institutions create prosperity, while extractive institutions trap societies in poverty. ✨ In this video, you’ll learn: Why inclusive institutions lead to long-term growth 📈 How extractive political systems destroy economies 🚨 The rise and fall of nations through history 🌍 Lessons for today’s world and future development 🔑 This summary will help students, UPSC/CLAT/competitive exam aspirants, history lovers, and anyone interested in politics, economics, and global development. 🔔 Don’t forget to Like, Share & Subscribe for more book summaries, history lessons, and deep insights into political philosophy and economics. --- #WhyNationsFail #BookSummary #EconomicsExplained #PoliticalScience #EconomicHistory #HistoryExplained #NationBuilding #WorldEconomy #RiseAndFallOfNations #InclusiveInstitutions #ExtractiveInstitutions #GlobalDevelopment #HistoryOfCivilization #CollapseOfSocieties #WealthAndPoverty #BookReview #LearnFromHistory #PoliticalEconomy #HistoryChannel #DevelopmentEconomics