History of science and technology in Korea such as the division of Korea and the Korean War that occurred right after its independence. It wasn't until the 1960s under the dictatorship of Park Chung-hee where South Korea's economy rapidly grew from industrialisation and the Chaebol corporations such as Samsung and LG. As of 2008 South Korea ranked 5th highest in terms of R&D. Park Kye-jung, CEO of Ace Electronics, won the Gold and Silver prizes for his invention of motor and motor-equipped gear at the 23rd Invention and New Product Exposition, he took the gold medal with his invention of a special device that converts vibrations from
Pension policy in South Korea receiving payment as an annuity. As the Korean government aimed for the rapid economic development, social welfare was not the primary task in the 1970s and 1980s Politicians relied on the Confucianism rooted society that the family should take care and support the old people In 2000, South Korea have remained the aging society status that the elderly population ratio is reaching 7 percent Kim's study explained that an aging status of the South Korea is more than 135 years than France and 68 years older than Germany Korea National Statistical Office estimated that the South Korea is expected to