Economy of South Korea

economy of the country

The economy of South Korea is the 4th largest in Asia and the 11th largest in the world. It is a mixed-economy dominated by family-owned conglomerates called chaebols.

Koreans are the same as anyone else. Their rise out of poverty in the face of such circumstances to democratic capitalism underlines the theme of our age. ~ Michael Breen


Quotes

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  • Countries are different, but people are people, and the Koreans are the same as anyone else. Their rise out of poverty in the face of such circumstances to democratic capitalism underlines the theme of our age.
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