2. LOCATION
• Smaller than the United
States
• Size: 98,480 square kilometers
(38,023 square miles)
• continental climate of very
cold dry winters
• very hot humid summers
3.
4. • Literacy Rate: age 15
and over can read and
write total population:
97.9% male: 99.2%
female: 96.6%
• It would affect the
quality of the work
force because young
men are dying which
means less people
working.
LITERACY RATE
5. • School for all children
between the ages of six
and fifteen is free
• High school students
aged fifteen to eighteen
charge tuition fees in
order to supplement
government funding
• $7,434 per student at
all levels of education
EDUCATION
7. • coal, tungsten, graphite,
molybdenum, lead and
petroleum
• Main industries today
are... automobiles,
semiconductor,
electronics, shipbuilding,
and steel.
NATURAL RESOURCES
8. • Emergency and
outpatient services
are available in the
general and university
hospitals in each
major urban center.
This can affect their
performance by just
trying to do their
work, but not get
hurt.
MEDICAL CARE
9. • During the Colonial era, the won was replaced at par by
the yen, made up of the Korean yen.
• 1 Japanese Yen equals 0.01 US Dollar
• 100 yen equals 0.90$ and 200 yen equals 1.80$
South Korea is not a rural community, electronics are
quite ubiquitous and there is everything needed for a
business to thrive, of course it has its farming and rural
communities but south Korea isn’t a bad place to live or
to expect a business to grow, depending on what the
company sells make or trades.
SOUTH KOREA MONETARY
INFORMATION
10. • Park Geun-hye is
the current
president..
• It is a
democracy.
• Also, the
government is
stable
SOUTH KOREAN GOVERNMENT
11. SOUTH KOREA’S ECONOMY
• It is a high-income developed country, with a
developed market, and is a member of OECD
• South Korea has a market economy which ranks
15th in the world by nominal GDP and 12th by
purchasing power parity
• Having almost no natural resources and always
suffering from overpopulation in its small territory,
which deterred continued population growth and the
formation of a large internal consumer market,
South Korea adapted an export-oriented economic
strategy to fuel its economy
12. • Following the Korean War South Korea remained one of
the poorest countries in the world for over a decade. In
1960 its gross domestic product per capita was $79 and
since the 1960’s to the 1980’s Korea’s economy has
grown to a stable condition, it isn’t quite a very poor
country really, it makes its money, especially since the
technological age and its tech-boom in the 1990’s and
2000’s
• In South Korea, the seasonally adjusted unemployment
rate fell to 3.1 percent in April of 2013, from 3.2
percent in the previous month, mainly due to creation of
new jobs in the manufacturing and service sectors. Not
a lot of people were left without a job.
• The unemployment rate from the U.S is 7.3 , compared
13. yes I would recommend a company to open a branch.
• South Korea has to be classed as one of the world’s great
economic success stories.
• South Korea is the only country which has recorded five
consecutive decades of economic growth in excess of 5%.
• achievement which is the result of careful governmental
macro-engineering, sound business practice and sheer hard
work from the population at large.
• South Korea are intensely conformist societies.
• South Koreans are absolute masters of change and rebuild.
WOULD YOU OPEN A BRANCH IN THIS
COUNTRY?
