Chaebol played a key role in developing new industries, markets, and export production, helping make South Korea one of the Four Asian Tigers. Although South Korea's major industrial programs did not begin until the early 1960s, the origins of the country's entrepreneurial elite were found in the political economy of the 1950s. Very few Koreans had owned or managed larger corporations during the Japanese colonial period. After the departure of the Japanese in 1945, some Korean businessmen obtained the assets of some of the Japanese firms, a number of which grew into the chaebol of the 1990s. The companies, as well
Driving license in South Korea Driving license in South Korea Driving licenses in the Republic of Korea may be attained at age 16 for cars and motorcycles. South Korea is one of the few nations that issue International Driving Permits (IDP) to sixteen-year-olds. This was made possible by a South Korean law in 2009, which gave Military cadets the requirement of driving a motor-vehicle. Classified in a separate category that is not licensed, but the body can be operated in accordance with state and driving aptitude to limit the conditions under which the vehicle can be fitted. From July 1, 1995, based on a driver's