South Korea

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South Korea

  1. 1. Daniela CastroEmanuel ZapataManuel VenturaPeriod 6SOUTHKOREA
  2. 2. LOCATION• Smaller than the UnitedStates• Size: 98,480 square kilometers(38,023 square miles)• continental climate of verycold dry winters• very hot humid summers
  3. 3. • Literacy Rate: age 15and over can read andwrite total population:97.9% male: 99.2%female: 96.6%• It would affect thequality of the workforce because youngmen are dying whichmeans less peopleworking.LITERACY RATE
  4. 4. • School for all childrenbetween the ages of sixand fifteen is free• High school studentsaged fifteen to eighteencharge tuition fees inorder to supplementgovernment funding• $7,434 per student atall levels of educationEDUCATION
  5. 5. • Rice• Maize• Barley• Potatoes• Sweet PotatoesAGRICULTURE
  6. 6. • coal, tungsten, graphite,molybdenum, lead andpetroleum• Main industries todayare... automobiles,semiconductor,electronics, shipbuilding,and steel.NATURAL RESOURCES
  7. 7. • Emergency andoutpatient servicesare available in thegeneral and universityhospitals in eachmajor urban center.This can affect theirperformance by justtrying to do theirwork, but not gethurt.MEDICAL CARE
  8. 8. • During the Colonial era, the won was replaced at par bythe yen, made up of the Korean yen.• 1 Japanese Yen equals 0.01 US Dollar• 100 yen equals 0.90$ and 200 yen equals 1.80$South Korea is not a rural community, electronics arequite ubiquitous and there is everything needed for abusiness to thrive, of course it has its farming and ruralcommunities but south Korea isn’t a bad place to live orto expect a business to grow, depending on what thecompany sells make or trades.SOUTH KOREA MONETARYINFORMATION
  9. 9. • Park Geun-hye isthe currentpresident..• It is ademocracy.• Also, thegovernment isstableSOUTH KOREAN GOVERNMENT
  10. 10. SOUTH KOREA’S ECONOMY• It is a high-income developed country, with adeveloped market, and is a member of OECD• South Korea has a market economy which ranks15th in the world by nominal GDP and 12th bypurchasing power parity• Having almost no natural resources and alwayssuffering from overpopulation in its small territory,which deterred continued population growth and theformation of a large internal consumer market,South Korea adapted an export-oriented economicstrategy to fuel its economy
  11. 11. • Following the Korean War South Korea remained one ofthe poorest countries in the world for over a decade. In1960 its gross domestic product per capita was $79 andsince the 1960’s to the 1980’s Korea’s economy hasgrown to a stable condition, it isn’t quite a very poorcountry really, it makes its money, especially since thetechnological age and its tech-boom in the 1990’s and2000’s• In South Korea, the seasonally adjusted unemploymentrate fell to 3.1 percent in April of 2013, from 3.2percent in the previous month, mainly due to creation ofnew jobs in the manufacturing and service sectors. Nota lot of people were left without a job.• The unemployment rate from the U.S is 7.3 , compared
  12. 12. yes I would recommend a company to open a branch.• South Korea has to be classed as one of the world’s greateconomic success stories.• South Korea is the only country which has recorded fiveconsecutive decades of economic growth in excess of 5%.• achievement which is the result of careful governmentalmacro-engineering, sound business practice and sheer hardwork 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 THISCOUNTRY?
  13. 13. • http://www.korea.net/AboutKorea/Korea-at-a-Glance/Facts-about-Korea• http://goo.gl/bbxwP• http://www.nationsencyclopedia.com/economies/Asia-and-the-Pacific/Korea-South.html• http://www.talktalk.co.uk/reference/encyclopaedia/countryfacts/southkorea.html• http://www.ncee.org/programs-affiliates/center-on-international-education-benchmarking/top-performing-countries/south-korea-overview/south-korea-system-and-school-organization/• http://www.worldlifeexpectancy.com/south-korea-life-expectancy• http://www.justlanded.com/english/South-Korea/South-Korea-Guide/Health/Health-care• https://www.cia.gov/library/publications/the-world-factbook/geos/countrytemplate_ks.html• http://www.worldbusinessculture.com/Business-in-South-Korea.htmlSOURCES

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