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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.
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 ...
v. t. e. The Miracle on the Han River (Korean: 한강의 기적) was the period of rapid economic growth in South Korea, following the Korean War (1950–1953), during which South Korea transformed from a least developed country to a developed country. The rapid reconstruction and development of the South Korean economy during the latter half ...
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 ...
2,300 wounded, captured, and deserted. The First Battle of Naktong Bulge was an engagement between United Nations Command (UN) and North Korean forces early in the Korean War from August 5–19, 1950 in the vicinity of Yongsan (Yeongsan, Changnyeong county) and the Naktong River in South Korea. It was a part of the Battle of Pusan Perimeter ...
The next of South Korea's prominent dictators, Park Chung Hee, was himself a collaborator who served in the Imperial Japanese military system. [5] During the Cold War, collaborators were seen as a somewhat taboo subject given that many authorities were at one time collaborators themselves, and thus criticism of collaborators could be seen as ...
The yangban (Korean: 양반; Hanja: 兩班) were part of the traditional ruling class or gentry of dynastic Korea during the Joseon Dynasty. The yangban were mainly composed of highly educated civil officials and military officers—landed or unlanded aristocrats who individually exemplified the Korean Confucian form of a "scholarly official".
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.