Ever since the Korean War ended in 1953, the economies of South and north Korea have been among the fastest growing in the world.
Before the war, the economy of each country depended chiefly on agriculture.
Today, agriculture and industry have about equal importance in South Korea, and the North is primarily an industrial nation.
This is my second time to write an article about Economic development.
I have several informations that was gathered more on economic development in Korea.
According to the Asianinfo from their respective website, Korea's path to development was full of challenges and obstacles.
They have a freedom of independence from Japan in 1945 after Second World War, Korea's economic development was a matter of national survival.
This source can be found in asianinfo.
org.
This is an English version of this respective website.
The second information that I gather from Asia Pacific connections with their respective website and I discover that "Korea dealt swiftly with these problems and recovered more quickly and completely than any other Asian country affected.
" This means that Korea is the only Far East nation recover economic survival.
The third information that I gather is from the article of Sung Taik Han, of which he is the Director of Financial Planning Division Economic planning Board Government of Korea that "Korea's economic growth can be explained from many different perspectives.
However, one cannot neglect the underlying human factors such as strong lederships and willingness to develop the economy, second is a well-trained government bureaucracy which transformed the sentiments of the leadershipinto practical economic policies and lastly, there must be a well educated and diligent labor force.
"Â Â Hopefully that this two Koreas will have a unification in Economic Development and also for International Economics.
This is related in Monetary Economics because it talks about labor markets and economic growth.
Their main monetary currency is Won.
This is a salable article because it falls on the field of business and it is in Economics subject.
Many people will gonna love it across the globe.
Before the war, the economy of each country depended chiefly on agriculture.
Today, agriculture and industry have about equal importance in South Korea, and the North is primarily an industrial nation.
This is my second time to write an article about Economic development.
I have several informations that was gathered more on economic development in Korea.
According to the Asianinfo from their respective website, Korea's path to development was full of challenges and obstacles.
They have a freedom of independence from Japan in 1945 after Second World War, Korea's economic development was a matter of national survival.
This source can be found in asianinfo.
org.
This is an English version of this respective website.
The second information that I gather from Asia Pacific connections with their respective website and I discover that "Korea dealt swiftly with these problems and recovered more quickly and completely than any other Asian country affected.
" This means that Korea is the only Far East nation recover economic survival.
The third information that I gather is from the article of Sung Taik Han, of which he is the Director of Financial Planning Division Economic planning Board Government of Korea that "Korea's economic growth can be explained from many different perspectives.
However, one cannot neglect the underlying human factors such as strong lederships and willingness to develop the economy, second is a well-trained government bureaucracy which transformed the sentiments of the leadershipinto practical economic policies and lastly, there must be a well educated and diligent labor force.
"Â Â Hopefully that this two Koreas will have a unification in Economic Development and also for International Economics.
This is related in Monetary Economics because it talks about labor markets and economic growth.
Their main monetary currency is Won.
This is a salable article because it falls on the field of business and it is in Economics subject.
Many people will gonna love it across the globe.