The document summarizes key events in Korea since 1945, focusing on the Korean War and its aftermath. It discusses how the war started as a result of the division of Korea after WWII and escalated with Chinese intervention. Though a truce was reached in 1953, the Korean peninsula remains divided and in a state of conflict. The document also examines the industrialization of South Korea under Park's authoritarian rule in the 1960s-70s and its subsequent democratization and economic globalization in the 1980s-90s as South Korea transformed into a developed country.