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Economic Development Of South Korea
2,257 wordsKorea What distinguishing factors help explain the rapid economic growth experienced by the South Korean economy over the past four decades? As the South Korean economy has reached a more mature stage of its economic growth, what are the evolving challenges it has had to face? What are its prospects of continued economic success in the increasingly globalized world economy? The rapid growth and development in the newly industrializing economies (NIE's) in recent decades has been nothing short of...
Asian Currency And Economic Crisis
2,665 wordsIn the summer of 1997, an economic and currency crisis rocked the Asian markets. One by one, Southeast Asian countries such as Thailand, Indonesia, Korea and Japan saw their economies crash in the wake of heavy foreign investment. An economic boom had made the region an attractive investment opportunity for much of the 1990's. By 1997, however, domestic production and development had stalled, and foreign investors grew nervous. A divestment run on the Thai baht triggered the crash. Large corpora...
North Korean Invasion
386 wordsIn 1949, Congress dragged its feet in considering a $150 million dollar aid bill to South Korea. Syngman Rhee had so often talked about invading North Korea that US leaders feared giving him too much in the way of weapons. For this reason, South Korea was sent only rifles, bazookas, and light artillery; tanks an airplanes were held back. Also by 1949, most of the US military had moved out. Only 500 advisors, known as KMA G (the Korean Military Advisory Group) remained in South Korea, under the c...
North And South Korea
1,572 wordsKorea Throughout most of its history, Korea has existed as one country with a rich culture and history. Then in the 1940's, Korea was controlled by Japan. World War II broke out, and the Allies defeated the Axis powers. The country of Korea was divided into two parts -- the north and the south. The north was occupied by communist Russian forces and the south by American troops. The dividing line was the 38th parallel (see map). In 1950, a civil war began between the two Koreas, further separatin...
South Korea's Industrial Structure
1,861 wordsHistoryKorea's original name, Choson, Meant "land of the morning calm". The country's history has been shaped by frequent invasions from its neighbors. Korean history is divided into three main periods: the sill a (668-935), Koryo (935-1392), and Yi (1392-1910) dynasties. The name "Korea" is derived from the middle dynasty of Koryo. Foreign influence-direct and indirect-occurred throughout these dynasties. All of Korea's foreign overlords-Mongolian, Chinese, and Japanese instituted a closed-door...
South's Offensive Attack On The North
1,839 wordsMany events make up the entirety of a conflict between opposing forces. More specifically, there can be many different parts to a war. There is not necessarily only one struggle in a war. In the Korean Conflict, the war can be separated into three distinct and equally important stages, each with their own purpose: the North's offensive, the South's offensive, and the stalemate. Examining these three stages will clearly define the objectives of the war. The offensive attack that the North Koreans...
President Of The Korean Democratic Party
578 wordsSouth Korean politician who became a prominent opposition leader during the tenure of President Park Chung Hee. In 1997 he became the first opposition leader to win election to his country's presidency. Kim was the son of a farmer, and he graduated from the Mokp'o School of Commerce at the top of his class in 1943. He began working as a clerk in a Japanese-owned company and in 1945 took over the company, eventually becoming a wealthy businessman. During the Korean War he was captured by the comm...
2,666 wordsKorea is known as the "Land of the Morning Calm". This expression comes from the beginning of the modern history of Korea. Kory o means "high" and "clear". This word symbolizes the clear blue sky of Korea. The beautiful nature of Korea is expressed through this ancient name. The beginning of Korean history started from 2333 B.C. The Korean peninsular adjoins China and Japan. Korea was conquered by Japan and divided into South and North Korea at the end of World War II. The Korean War caused deva...
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