Analysis of South Korea South Korea is a country that is located in East Asia. Korea is divided since 1948. South Korea becomes a democratic republic country. South Korea has a mixed economy system. South Korea operates in an open market.  It contains a variety of freedom with some governmental regulations. South Korea’s economy is dominated by family-owned conglomerates. South Korea’s economy is known as the 4th largest economy in Asia and the 12th Largest economy in the world. The Miracle of the Han River that happened in 1950 to 1953 had led to South Korea’s economic and financial growth. Ever since then, South Korea become a fast-growing developed country. According to South Korea’s official statistic, its GDP is $2.1 trillion, with $41,351 per capita. It has an unemployment rate of 3.8% and a 1.5% inflation rate. There is a potential for South Korea to continue to grow. In recent years, South Korea’s economy is based on 8 sectors. The first sector is shipbuilding. South Korea is one of the world’s largest producer of ships. Hyundai Heavy industry the most famous ship producer in South Korea. Each Year, South produces ships that worth more than $1.98 billion. The second sector is the electronics. Samsung and LG are two famous electronic companies. Korea’s electronics make up 18% of their export. The third sector is automobiles. Hyundai automobile is a worldwide famous automobile company. It is also the world’s fifth automobile export volume. The fourth sector is mining. Most of the mineral deposit is concentrated in North Korea. Thus, Most South Korean coal is low-grade anthracite that is only used for heating homes and boilers. As well as mining, Armaments in South Korea is poor. They rely heavily on the United States’ supplies in the armed forces. The sixth sector is construction. It is one of Korea’s most important export industries. Each year, construction made up $945 billion of its GDP. The seventh sector is tourism. Each year, Korea has more than 12 million foreign visits. The eighth sector is entertainment. K-pop is in the global mainstream. Each year, there are numerous idols that come from Korea. The leading entertainment companies are SM Entertainment, YG Entertainment, and JYP entertainment. In total, these entertainment companies $1.95 billion. South Korea is a fast-growing economy.  South Korea is not a politically stable country. In 2017, the first female president was impeached from the Korean government. She was involved in the political scandal of  Park Geun-Hye’s relatives who are interfering the governmental operations. Also, she was accused of bribery in 2017. As a result, Park Geun-Hye is impeached from the president position. After this political scandal, Moon Jae-In was elected as the president of South Korea in 2017. South Korea is still recovering from the impact of Park Geun-Hye. Thus, South Korea is still an unstable politic country. Currently, South Kore has a big economic concern. As COVID-19 becomes a worl ...

1. Analysis of South Korea
South Korea is a country that is located in East Asia.
Korea is divided since 1948. South Korea becomes a democratic
republic country. South Korea has a mixed economy system.
South Korea operates in an open market. It contains a variety
of freedom with some governmental regulations. South Korea’s
economy is dominated by family-owned conglomerates. South
Korea’s economy is known as the 4th largest economy in Asia
and the 12th Largest economy in the world. The Miracle of the
Han River that happened in 1950 to 1953 had led to South
Korea’s economic and financial growth. Ever since then, South
Korea become a fast-growing developed country. According to
South Korea’s official statistic, its GDP is $2.1 trillion, with
$41,351 per capita. It has an unemployment rate of 3.8% and a
1.5% inflation rate. There is a potential for South Korea to
continue to grow. In recent years, South Korea’s economy is
based on 8 sectors. The first sector is shipbuilding. South Korea
is one of the world’s largest producer of ships. Hyundai Heavy
industry the most famous ship producer in South Korea. Each
Year, South produces ships that worth more than $1.98 billion.
The second sector is the electronics. Samsung and LG are two
famous electronic companies. Korea’s electronics make up 18%
of their export. The third sector is automobiles. Hyundai
automobile is a worldwide famous automobile company. It is
also the world’s fifth automobile export volume. The fourth
sector is mining. Most of the mineral deposit is concentrated in
North Korea. Thus, Most South Korean coal is low-grade
anthracite that is only used for heating homes and boilers. As
well as mining, Armaments in South Korea is poor. They rely
heavily on the United States’ supplies in the armed forces. The
sixth sector is construction. It is one of Korea’s most important
export industries. Each year, construction made up $945 billion
of its GDP. The seventh sector is tourism. Each year, Korea has
more than 12 million foreign visits. The eighth sector is

2. entertainment. K-pop is in the global mainstream. Each year,
there are numerous idols that come from Korea. The leading
entertainment companies are SM Entertainment, YG
Entertainment, and JYP entertainment. In total, these
entertainment companies $1.95 billion. South Korea is a fast-
growing economy.
South Korea is not a politically stable country. In 2017,
the first female president was impeached from the Korean
government. She was involved in the political scandal of Park
Geun-Hye’s relatives who are interfering the governmental
operations. Also, she was accused of bribery in 2017. As a
result, Park Geun-Hye is impeached from the president position.
After this political scandal, Moon Jae-In was elected as the
president of South Korea in 2017. South Korea is still
recovering from the impact of Park Geun-Hye. Thus, South
Korea is still an unstable politic country. Currently, South Kore
has a big economic concern. As COVID-19 becomes a
worldwide virus, there are more than 4000 cases that is
confirmed in South Korea. There is a potential for an economic
fallout. With the large gather in churches in South Korea,
COVID-19 is about to spread. It is hurting its economy because
many businesses shut down in South Korea. Also, the supply
chain is disrupted. Many Koren Companies have their supplies
produced in China. As many Chinese factories shut down due to
the coronavirus, Korean companies’s supply chain is disrupted.
As a result, there is a potential for economic fallout in South
Korea. Despite these two risks, South Korea is a country with
low investment risk. South Korea has a diversified industrial
base. It is a leader of high-end electronics. It has a good
education system that deals with its electronic and technology
boom. Thus South Korea is a low-risk country.