History
Which country occupied Korea from 1910 untill 1945?
Japan
Who is the current leader of North-Korea?
Kim Jong-un
What economis system does Zuid-Korea have?
A free market economy
What is the economic succes story of South-Korea after the Second World War called?
The 'Wonder of the river Han'
In which year did the Korean war start?
1950
What is the difference between a democracy and a dictatorship?
In a democracy the people elect the people in power during free elections, in a dictatorship one person or one party has all power
What is the difference between a free market economy and a plan economy?
Bij een planeconomie bepaalt de staat wat er geproduceerd wordt; bij een vrijemarkteconomie bepalen bedrijven en consumenten dat zelf via vraag en aanbod
What is the name of the group of Asian economies that grow very fast, including South-Korea?
The Asian tigers
Which two superpowers divided Korea in 1945, and who got what part?
The USA got the South (below the 38 latitude), the Soviet Union the North
What are Chaebols and what role do they play?
Chaebols are big companies (like Samsung and Hyundai) that have big economic power, and because of that power also big political influence
Why did North-Korea get economic sanctions from the UN?
Because they developed nuclear weapons and ballistic missiles
Which three markers provided the basis of South-Korea's economic growith after the war?
1) Improvement of agriculture (working together)
2) Less import and more export
3) Big investments in education
How did the Korean War end?
A cease-fire treaty in 1953. There was never an official peacetreaty, so technically the countries are still at war.
Why is it difficult for "regular" North-Koreans zo to resist the regime? (Name 2)
1. Propaganda
2. The governments’ total control over information
3. Concentration camps
4. Collective punishment of families
5. A lack of access to the outside world
What is import substitution, and how did South-Korea apply this?
Import substitution means replacing the products that you used to import, by making these products yourself. After the war South-Korea began to produce consumption goods with loans from the USA, instead of importing them
Why did production work move from South-Korea to other countries after 1990, and what did South-Korea do instead?
Wages increased, which made labor intensive production too expensive. The production work went to low wage countries and South-Korea specialised in hightech and the service industry
Who interfered in the Korean war and why?
The UN (mainly the USA) send troops to South-Korea, after North Korea (backed by China and the Soviet Union) invaded the south. It became a proxy-war.
How does North-Korea call itself, and why is that ironic?
The "Democratic People’s Republic of Korea" = ironic because there are no free elections and the people have hardly any say in policies
Why could Noord-Korea - despite its natural resources - not build a strong economy? Name 3.
1. Plan economy without innovation
2. International sactions
3. Being closed off the world market
4. Little (20%) arable land
5. Changing support of Russia and China
What is Songdo IBD and why does it match South-Korea‘s ecomic development?
Songdo International Business District is a entirely new build smart city, southwest of Seoul designed as the international business centre with high rise buildings and smart infrastructure. It shows South-Koreas development to a knowledge and service sector industry.