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What is the country that you are researching:

Write a brief summary of the economic system of the Chaebols: South Korea is the fourth-largest

country: Identify and explain the type of economic system economy in Asia and the 11th largest in the world.

South Korea is a mixed economy dominated by

family conglomerates.

Select three key economic indicators such as poverty  The agricultural sector employs about 12 per

rates, labor distribution, use of resources, etc. and cent of the Labour force, or 6 per cent of the

analyze what this information says about the country, economy. Fishing is especially important

how does it compare to other countries, change over because koreans usually eat more fish than

time, etc. meat. South Korea is one of the world's

leading seafood harvesters.

 South Korea has one of the highest population

densities in the world. More than 80 percent

of the population lives in urban areas.

 With a population of 51.4 million, South

Korea will export a total of $605.2 billion in

goods in 2018, equivalent to about $11,800

per resident in southeast Asian countries.

South Korea's unemployment rate was 3.8

percent as of December 2018, compared with

3.6 percent a year earlier, according to

Trading Economics.

identify the GDP - per capita for the country. GDP: $33,200. This is a high number
compared to other countries, as South Korea's
high output ranks 15th in GDP and 12th in
purchasing power.

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