Korean economy depends very much on the Korean's wave and Chaebols. Korean's wave help because of the products of the Korean Dramas, K-POP, beauty products and plastic surgery. Due to the large scale of this product, it helps boost the economy greatly.
Chaebols are transnational corporations. It is usually run by family members. It refers to large companies that spread their business world-wide. Since, there are many companies that are Chaebols, it helps Korean's economy. Not only Chaebols help the economy, it also give the Korean's a sense of pride.
Besides the Korean wave and the Chaebols, in order to make the economy successful, the Korean's must have a strong sense of belonging to their own country. With that, it attracts international attentions.
Posted by: Super students(:
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