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The Crazy Economy of Monaco

Economics Explained

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Introduction

The Mediterranean Micronation is the ultimate top trump card in the game of countries. It is by far the wealthiest nation per capita in the world, and has the highest average age of citizens. The Human Development Index is a scale created by the United Nations to assess the quality of life for residents of a nation. So what about Monaco? Well Monaco is so rich and so privileged that it has a Human Development Index of 1.021 on a scale of 0 to 1. That's right, it breaks the damn scales.

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