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.
Owned-and-operated television stations in the United States Owned-and-operated television stations in the United States In the United States, owned-and-operated television stations (frequently abbreviated as "O&Os") constitute only a portion of their parent television networks' station bodies, due to ownership limits imposed by the Federal Communications Commission (FCC). Currently, the total number of television stations owned by any company (including a television network) can only reach a maximum of 39% of the country; in the past, the ownership limit was much lower, and was determined by a specific number of television stations rather than basing the limits on total market coverage. At the dawn of the American television