Democratic Republican Party (South Korea) combination of state and corporate chaebol power pioneered by the party continues to be deeply built into the foundations of the South Korean economic system. Following the promulgation in October 1972 of the Yushin Constitution, which implemented numerous authoritarian centralizing measures such as the direct appointment of a third of the National Assembly by the President, the DRP assumed an unprecedented level of political power. For the next eight years, South Korea was essentially a one-party state ruled by the DRP. After Park's assassination on 26 October 1979 and the seizure of power by Chun Doo-hwan in the coup d'état
Youth unemployment in South Korea future employment and wages in the job market. The three universities Korean students aim for are Seoul National University, Korea University, and Yonsei University also known as S.K.Y. These universities provide the connection needed to be employed in government or in family-owned conglomerates (chaebols) that come with employee benefits. Before the Suneung begins, Korean parents prepare for years in their children's education by investing thousands of dollars in tutoring and private education. Around 100,000 hagwons (Korean cram/private schools) are in South Korea. In 2010, around 75% of students attended private education. In 2017, over 80% of all Korean students attended