Economic Goals and Values
Republic of Korea, and Iran
Impacts of Economic Values on One Another
Republic of Korea Vs. Iran
These statistics indicate each country's overall human development. Iran(left) is ranked at 69, while Korea stands at 17. This variance in rank can be understood by looking individually at each country's economic values. For example, less than 40% of citizens (aged 15 and older) maintain a job, with Korea having about 20% more, putting them at 60%. Employment opportunity is an important factor in the economy since it starts the movement and making of money, along with the completion of jobs and other services. Considering Iran has such a large population(78.5 million) compared to Korea's(49.5 million) more jobs should be made available;e for the country to support its citizens. This may also explain each citizens security, with 4 homicides for every 100,000 citizens every year, in comparison to Korea which is less than 1 for every 100,000.