The United States is not considered among the world’s top ten most “prosperous” countries for the first time, according to the Legatum Institute.
The Legatum Prosperity Index assessed and ranked the prosperity of 142 countries based on eight sub-categories: economy, entrepreneurship and opportunity, health, governance, education, safety and security, personal freedom, and social capital.
In an unprecedented fall, America drops to 12th position in the worldwide prosperity rankings – with weakening performance across five of the Index’s eight sub-categories.
Among the key findings of the Index were, fewer US citizens agree that working hard results in success and the country falls eight places in the ‘Entrepreneurship and Opportunity’ sub-index.