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Five-year Plans Of South Korea
The Five-Year Economic and Social Development Plans () were an economic development project of South Korea. Background Both North and South Korea had survived the Korean War (1950–53). From the end of World War II, South Korea remained largely dependent on U.S. aid until a military coup occurred in 1961. American economic aid failed in its goal of creating an industrial base in South Korea largely thanks to corruption. While the South Koreans did not starve and were able to keep up with national defense, most of the aid was misappropriated for private use. This created a small class of wealthy Koreans at the expense of the majority of the country, generating resentment. Despite this widespread corruption however, the Syngman Rhee administration had managed to use some U.S. aid to develop the country's education system, transportation infrastructure, and communications infrastructure. This investment resulted in the South Korean population being well educated by the time the Park ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Korea
South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korea, Korean Peninsula and sharing a Korean Demilitarized Zone, land border with North Korea. Its western border is formed by the Yellow Sea, while its eastern border is defined by the Sea of Japan. South Korea claims to be the sole legitimate government of the entire peninsula and List of islands of South Korea, adjacent islands. It has a Demographics of South Korea, population of 51.75 million, of which roughly half live in the Seoul Capital Area, the List of metropolitan areas by population, fourth most populous metropolitan area in the world. Other major cities include Incheon, Busan, and Daegu. The Korean Peninsula was inhabited as early as the Lower Paleolithic period. Its Gojoseon, first kingdom was noted in Chinese records in the early 7th century BCE. Following the unification of the Three Kingdoms of Korea into Unified Silla, Silla and Balhae in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Machine Industry
The machine industry or machinery industry is a subsector of the industry, that produces and maintains machines for consumers, the industry, and most other companies in the economy. This machine industry traditionally belongs to the heavy industry. Nowadays, many smaller companies in this branch are considered part of the light industry. Most manufacturers in the machinery industry are called machine factories. Overview The machine industry is a subsector of the industry that produces a range of products from power tools, different types of machines, and domestic technology to factory equipment etc. On the one hand the machine industry provides: * The means of production for businesses in the agriculture, mining, industry and construction. * The means of production for public utility, such as equipment for the production and distribution of gas, electricity and water. * A range of supporting equipment for all sectors of the economy, such as equipment for heating, ventilation, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Five-year Plan (other)
Five-year plan may refer to: Nation plans *Five-year plans of the Soviet Union, a series of nationwide centralized economic plans in the Soviet Union *Five-Year Plans of Argentina *Five-Year Plans of Bhutan, a series of national economic development plans created by the government of Bhutan since 1961 *Five-year plans of China (PRC), a series of social and economic development initiatives *Five-Year Plans of Ethiopia * Five-Year Plans of India, which existed from 1947 to 2017 * Five-Year Plans of Nepal *Five-Year Plans of Pakistan, centralized economic plans and targets as part of economic development initiatives *Five-Year Plans of Romania, economic development projects in Communist Romania, largely inspired by the Soviet model *Five-Year Plans of South Korea, an economic development project of South Korea *Five-Year Plans of Vietnam, a series of economic development initiatives *First Malayan Five-Year Plan, the first economic development plan launched by the Malayan government, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Community Movement
The Saemaul Undong, also known as the New Community Movement, New Village Movement, Saemaul Movement or Saema'eul Movement, was a political initiative launched on April22, 1970 by South Korean president Park Chung-hee to modernize the rural South Korean economy. The idea was based on the Korean traditional communalism called ''Hyangyak'' (향약, 鄕約) and ''Dure'' (두레), which provided the rules for self-governance and cooperation in traditional Korean communities. The movement initially sought to rectify the growing disparity of the standard of living between the nation's urban centers, which were rapidly industrializing, and the small villages, which continued to be mired in poverty. Diligence, self-help and collaboration were the slogans to encourage community members to participate in the development process. The early stage of the movement focused on improving the basic living conditions and environments, whereas later projects concentrated on building rural infrastruct ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of South Korea
The economy of South Korea is a highly developed mixed economy. By nominal GDP, it has the 5th largest economy in Asia and the 13th largest in the world. South Korea is notable for its rapid economic development from an underdeveloped nation to a developed, high-income country in a few generations. This economic growth has been described as the Miracle on the Han River, which has allowed it to join OECD and the G-20. South Korea still remains one of the fastest growing developed countries in the world, following the Great Recession. It is included in the group of Next Eleven countries as having the potential to play a dominant role in the global economy by the middle of the 21st century. South Korea's education system and the establishment of a motivated and educated populace is largely responsible for spurring the country's high technology boom and economic development. South Korea began to adapt an export-oriented economic strategy to fuel its economy. In 2019, South Kor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gwangju Democratization Movement
The Gwangju Uprising was a popular uprising in the city of Gwangju, South Korea, from May 18 to May 27, 1980, which pitted local, armed citizens against soldiers and police of the South Korean government. The event is sometimes called 5·18 (May 18; ), in reference to the date the movement began. The uprising is also known as the Gwangju Democratization Struggle (), the Gwangju Massacre, the May 18 Democratic Uprising, or the May 18 Gwangju Democratization Movement (). The uprising began after local Chonnam University students who were demonstrating against the martial law government were fired upon, killed, raped, and beaten by government troops. Some Gwangju citizens took up arms, raiding local police stations and armouries, and were able to take control of large sections of the city before soldiers re-entered the city and put down the uprising. At the time, the South Korean government reported estimates of around 170 people killed, but other estimates have measured 600 to 2, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Republic Of Korea Armed Forces
The Republic of Korea Armed Forces (), also known as the ROK Armed Forces, are the armed forces of South Korea. The ROK Armed Forces is one of the largest and most powerful standing armed forces in the world with a reported personnel strength of 3,305,000 in 2020 (555,000 active and 2,750,000 reserve). As a result of its size and equipment, it is ranked the 6th most powerful military on the planet by the Global Firepower Index as of 2022. The Republic of Korea Armed Forces traces its root back to the establishment of the Korean Republic in 1919 wherein its armed wing was called the Korean Liberation Army and it conducted warfare against the Japanese occupation by conducting large-scale offensives, assassinations, bombings, sabotage, and search and rescue missions. Formally founded in 1948, following the establishment of the Republic of Korea’s government after the liberation of Korea in 1945. South Korea's military forces are responsible for maintaining the sovereignty and ter ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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