Others have touched upon the point of crime, but it really is worth mentioning that crime (especially of the violent and/or property type) is a huge hindrance t

Others have touched upon the point of crime, but it really is worth mentioning that crime (especially of the violent and/or property type) is a huge hindrance to the economic revitalization of any area. It's much, much easier to risk time and capital to try and build something versus risking your life and those of your loved ones. Just goes to show that rule of law and strong private property rights are necessary conditions to any level of wealth-building.