Chaebol Chaebol A chaebol (; ) is a large industrial conglomerate that is run and controlled by an owner or family in South Korea. A chaebol often consists of a large number of diversified affiliates, controlled by an owner whose power over the group often exceeds legal authority. The term is often used in a context similar to that of the English word "conglomerate". The term was derived from the Japanese. It was first used in English in 1984. There are several dozen large South Korean family-controlled corporate groups that fall under this definition. The chaebol have also played a significant
Tourism in South Korea place in catering to the globalization of the South Korea society. Since then, South Koreans have been able to travel freely abroad. The busy lifestyle of modern South Koreans, leading to difficulties in mediating vacations with family or friends, and the increase in one-person households, have contributed to the growing number of South Koreans traveling alone. Therefore, the popularity of destinations close to South Korea, where South Koreans can go for short vacations alone, are increasing. According to the results of a plane ticket analysis in 2016, the top foreign destination for South Koreans is Osaka, followed by Bangkok and