Miracle on the Han River brief compared to other countries who experienced similar situations. Chaebol refers to corporate groups in South Korea, mainly run by families, that exercise monopolist or oligopolist control over product lines and industries. They can be compared with conglomerates of the United States and the Zaibatsu of Japan. Sometimes the Korean military itself is considered a chaebol. During the industrialization period of South Korea, President Park Chung-hee supported the rise of chaebol groups, facilitating the growth of these groups in order to trigger economic growth. Inside the operations of chaebol groups, there are many branches that family members control and operate.
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