Economic Interactions And Development : After Wwii

In North Korea, their economy depreciated because of their military methods, which did not work. Their economy struggled a lot especially after the Cold War, as they had no stable system. They militarized the economy, which caused lots of demonetization. Compared to South Korea, North Korea’s stocks are mostly useless in the global economy. They have many debts that they are still trying to fix, and their trade is going down. Many other countries do not want to trade with

The Korean War was the historical event that most shaped Korea’s identity. It affected many areas of Korea, such as the economy, government, and the involvement of the United States. There was an economic crisis causing many people to suffer, a government was established, and because of the involvement of the US, Korea got lots of western influence. The essay below will explain how the Korean War affected Korea’s economy, the government, and the involvement of the US.

Shortly after World War II, North Korea’s central government was renamed the Democratic People’s Republic of Korea. Conflicts began to rise when the North and South’s political systems contradicted each others. These differences led to warfare between these two countries. During the mid to late 1900's, the North Koreans under the Kim family, went to war with South Korea inflicting many casualties while economically isolating their country internationally creating economic struggles for their own people.

After the war, both Koreas moved quickly to rebuild and modernize. North Korea, which was more industrialized than South Korea before the war, rebuilt quicker. Unfortunately, North Korea’s economy suffered, because of the break-up with the Soviet Union. Eventually South Korea evolved into a industrial society, who became a heavy exporter to the United States. Overall after the war both Koreas have been successful, but still face the challenge of

The Korean War was a significant event that marked the separation and independence of North and South Korea. When countries like China and Russia, got involved, it became a war of ideas and social values. Those who aided South Korea (United States, Great Britain) were democratic, and those who aided North Korea (China, Russia) were communist. North Korea wanted South Korea to become a communist country, but the South did not want this, and soon a war broke out between South and North Korea. The Korean War was a success in that South Korea did not become communist, and a failure because many American and allied troops died, and still today, North Korea struggles to spread their ideology and continues to cause conflict with the United States.

After World War II, the Korean territory was free to be taken over. Russia took the Northern territory and the United States took the Southern territory. Both superpowers would influence both territories into their own image. When the two countries pulled out in 1947, Korea was left with two regimes with very different ideologies. North under the influence of communism while South under democratic direction. In just a couple of years, tensions rose with both sides wanting to overpower each other. Threats became more serious, spies multiplied in number, and violence between the regions had increased along the 38th parallel, the boundary between North and South Korea. Soon one side would draw first blood and would spark a war.

After the Japanese invasion, Korea had been swept into turmoil, which lead to the division of the country into two separate states. In the North the Democratic People's Republic of Korea, (D.P.R.K.) and in the South the Republic of Korea, (R.O.K.). The United States presence in South Korea would remain until an independent and unified Korean government was established successfully in the country. Following the impact of the Korean War, South Korea has undergone significant reform, which has aided in many changes in the cultural, economic, and political growth in the country.

After Japan started to industrialize, they began to imperialize and try to take over other surrounding countries. They gained control of Taiwan and the Pescadores Islands after China broke an agreement with them to keep military out of Korea. They also went to war with Russia over Manchuria, and won. Finally, in 1910, Japan annexed Korea and gained control of it until the end of World War II. Once World War II ended in 1945, and the Allies had defeated Japan, the Soviets invaded Korea from the north. The United States, fearing that the Soviets wanted total control of Korea, invaded it from the south. The two countries decided that, to not make any long-term decisions, they would divide the country in about half, at the 38th parallel (5). This division of Korea was only supposed to be temporary, but in 1948, both halves of Korea established separate governments. They both claimed that they were the true Korea (1). Kim Il-Sung, who became the leader of the north of Korea in 1948, decided that the Democratic People’s Republic should have a communist government (6). Syngman Ree, who had previously been exiled by Korea, returned to oppose the DPR’s leader, and created his own government for the south of Korea, or the Republic of Korea. Each side wanted to gain control over the whole, previously unified country (2). The Korean War started in June of 1950 because North Korea took it upon itself to end the

After Japan’s defeat from the World War II in 1945, Japan lost its colonies and the fate of colonized countries was given to the United States and the Soviet Union. The victorious allies, the United States and the Soviet Union, finally agreed to divide Korea into two nations, with Soviet troops occupying the north and U.S. troops in the south regardless of Korean’s opinion. Under the short-lived joy of liberation from Japan, Koreans had to suffer from the tragic division. This arrangement was meant to be temporary until elections could be held to unify the country under a single government. However, those elections were never held. The allies from World War II were broken into the communist and capitalist society. The Soviets installed a communist

When the Japanese empire was dismantled at the end of World War Two, Korea fell victim to the Cold War. It was divided into two spheres of influence along the 38th parallel. The Americans controlled south of the line - the Russians installed a communist regime in the north, later ceding influence to

It was no surprise that the two Korea’s having different views and beliefs on communism led to the Korean War. Before World War 2, united Korea was under Japanese ruling, but after losing

Under Yi Sŏng-Gye’s son King Sejong, considered Korea’s greatest ruler, inventions like the rain gauge, the use of a movable type, and the birth of Korean alphabet called Hangeul, still in use today, surfaced. (Piddock, 27-28) They ruled the entire peninsula for 500 years. Then Korea was annexed by neighbors Japan in 1910. Korea continued to be under Japan until 1945 when it was liberated at the end of World War II. (“North Korea”, Culturegrams) “With the defeat of Japan in 1945, the Allies agreed to divide the Korean Peninsula between the Soviet Union and the United States at the thirty-eighth parallel as a temporary measure.” (Piddock, 30) The Soviet Union received the Northern part of Korea, and the United States the South. “.. Soviet forces closed off northern Korea at the thirty-eighth parallel and placed Korean communists in power there.” Evidently, North Korea was bound to turn communist.

There is one distinction between the North Korean and South Korean economies that separate them and their ability to last as a substantial economic policy. At the end of the Korean War there was need for both independent countries to establish themselves in the market. The North Koreans decided to practice Juche, which essentially means that they planned on keeping their market and economy localized and not participating in the world trade scene. The South Koreans, on the other hand, did participate in the world market. Both countries knew that in order to establish and survive they would need to have cheap labor and cheap resources. But, once again, South Korea had a helping hand because of their decision to participate in the world market.

The end of World War II, and the subsequent divide of the Republic of Korea, marked the beginning of South Korea as a country. The first few years of its existence as a country were far from ideal. With help from the United States and the UN, South Korea was rehabilitated and pointed in the right direction. South Korea received financial aid, military assistance and trading partners that would prove to be extremely valuable in its efforts to become a self-sustaining successful country.

At the end of World War II, Korea was a poor former agricultural colony of Japan. But the rapid growth of Korea’s industrial economy has been remarkable. The economy of South Korea is now the third-largest in Asia and the 13th largest in the world by GDP as of 2007. To trace back the economic development of South Korea, the former president Park Chung-Hee played a pivotal role, and was credited for shifting its focus to export-oriented favoring a few large conglomerates. Unlike his predecessors, Park showed a strong commitment to economic development, believing good economic performance as a primary means for enhancing his political legitimacy. Under the President Park Chung-Hee’s era, the government played a dominating role in a