South Korea

By: Jill Kenney

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Government

Presidential system

Economy

Capitalism

South Koreas leader

Park Geun-hye

Currency

The South Korean won
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The economy

The south Korean won compared to the U.S. dollar: 0.00093 United States money compared to 1 South Korean won.


Country GDP per capita: 32,000


Country's GDP rank in the world: 15th


Literacy rate: 97.9%


Life expectancy M/F: 77/84 years


Official language

Korean

Current event

Racism is a problem in South Korea because a lot of foreigners are moving to their country and they are not used to all of the diversity. People are getting more used to the mix ethnicity marriages and by 2020 mixed marriages will be very popular.

Economic success

Pros:Yes I feel like their economy is successful because there neighboring communist country as one of the lowest per capita gdp's while they have have one of the highest in east Asia.


Cons:Racism is a problem in South Korea because a lot of foreigners are moving to their country and they are not used to all of the diversity. People are getting more used to the mix ethnicity marriages and by 2020 mixed marriages will be very popular.

South Korea business

Shinhan finanacial group



These are a lot of banks and financial building that help people with their financial problems. They hold people's money and give loans like any other system of banks.