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The chaebol played a key role in developing new industries, markets, and export production, helping make South Korea one of the Four Asian Tigers. Although South Korea's major industrial programs did not begin until the early 1960s, the origins of the country's entrepreneurial elite were found in the political economy of the 1950s.
Park Chung Hee (Korean: 박정희; November 14, 1917 – October 26, 1979) was a South Korean politician and army officer who served as the 3rd President of South Korea from 1962 to 1979 after he seized power in the May 16 coup of 1961. He is regarded as one of the most consequential leaders in Korean history, although his legacy as a military ...
705. Perpetrators-South Korean Army. Seoul National University Hospital massacre. 1950, 28 June. Seoul. 700-900. Perpetrators-North Korean People's Army. Yeosu-Suncheon Rebellion. 1948, October - October However pockets of resistance lasted through to 1957, almost 10 years later.
Daewoo (UK: / ˈ d eɪ. uː / DAY-oo; US: / ˌ d eɪ ˈ w uː / day-WOO; Korean: 대우; Hanja: 大宇; IPA:; literally "great universe" and a portmanteau of "dae" meaning great, and the given name of founder and chairman Kim Woo-choong) also known as the Daewoo Group, was a major South Korean chaebol (type of conglomerate) and automobile manufacturer.
1,550,000 total casualties (est.) [21] The Korean War (25 June 1950 – 27 July 1953) was an armed conflict on the Korean Peninsula fought between North Korea (Democratic People's Republic of Korea; DPRK) and South Korea (Republic of Korea; ROK) and their allies. North Korea was supported by the People's Republic of China and the Soviet Union ...
Lee Byung-chul. Lee Byung-chul (Korean: 이병철; 12 February 1910 – 19 November 1987 [2]) was a South Korean businessman who founded the Samsung Group, the country's largest chaebol (conglomerate). Lee founded Samsung in 1938, at the age of 28. [3] He is recognized as the most successful businessman in South Korea's history.
Asan. Chung Ju-yung or Jung Joo-young (Korean : 정주영; 25 November 1915 – 21 March 2001), was a South Korean entrepreneur and the founder of Hyundai Groups, one of the largest chaebols in South Korea. Raised as the eldest son of a poor Korean farmer, he became the richest man in South Korea. Chung was an integral part of the rapid ...
1,300 killed (counted) 3,600 killed (estimated) The Battle of the Twin Tunnels (French: Bataille de Twin-Tunnels) took place during the Korean War. In which the UN forces inflicted heavy casualties on the People's Volunteer Army (PVA). The "Twin Tunnels" refer to a series of railroad tunnels along the Central Line in eastern Jije-myeon ...