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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.
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.
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 ...
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 ...
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.
Battle of Chosin Reservoir. A column of the US 1st Marine Division moves through Chinese lines during its breakout from the Chosin Reservoir with a M46 Patton medium tank. Chinese forces recover northeastern Korea; UN withdraw to and evacuate from Hungnam. The Battle of Chosin Reservoir, also known as the Chosin Reservoir Campaign or the Battle ...
Kim Jae-gyu. Park Chung Hee, the third President of South Korea, was assassinated on October 26, 1979, during a dinner at the Korean Central Intelligence Agency (KCIA) safe house near the Blue House presidential compound in Jongno District, Seoul, South Korea. It was the first assassination of a head of state in South Korea and in Korea in 605 ...