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South Korea
South Korea's mixed economy[308][309][310] ranks 11th nominal[311] and 13th purchasing power parity GDP in the world, identifying it as one of the G-20 major economies. It is a developed country with a high-income economy and is the most industrialized member country of the OECD. South Korean brands such as LG Electronics and Samsung are internationally famous and garnered South Korea's reputation for its quality electronics and other manufactured goods.[312]
Its massive investment in education has taken the country from mass illiteracy to a major international technological powerhouse
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External Debt
External loan (or foreign debt) is the total debt which the residents of a country owe to foreign creditors; its complement is internal debt which is owed to domestic lenders. The debtors can be the government, corporations or citizens of that country. The debt includes money owed to private commercial banks, foreign governments, or international financial institutions such as the International Monetary Fund (IMF) and World Bank. Note that the use of gross liability figures greatly distorts the ratio for countries which contain major money centers such as the United Kingdom due to London's role as a financial capital [...More Info...] [...Related Items...] |
List Of Countries By Public Debt
These are lists of countries by public debt, based on data from the CIA's World Factbook and the IMF. Net debt figure is the cumulative total of all government borrowings less repayments that are denominated in a country's home currency.[further explanation needed] Gross government debt is the total amount of debt the government has issued and is the most relevant data for discussions of government default and debt ceilings. It is different from external debt, which includes the foreign currency liabilities of non-government entities. Net debt subtracts financial assets a government holds from the gross debt amount. Net debt would decrease by about one-third of GDP. The public debt relative information provided by national sources (CIA) is not always objective and true, given the fact that there is no independent research in these matters [...More Info...] [...Related Items...] |
Livestock
Livestock is commonly defined as domesticated animals raised in an agricultural setting to produce labor and commodities such as meat, eggs, milk, fur, leather, and wool. The term is sometimes used to refer solely to those that are bred for consumption, while other times it refers only to farmed ruminants, such as cattle and goats.[1] Horses are considered livestock in the United States.[2] The USDA classifies pork, veal, beef, and lamb as livestock and all livestock as red meat. Poultry and fish are not included in the category.[3] The breeding, maintenance, and slaughter of livestock, known as animal husbandry, is a component of modern agriculture that has been practiced in many cultures since humanity's transition to farming from hunter-gatherer lifestyles [...More Info...] [...Related Items...] |
