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Tag Archives | South Korea

PRIVATE 52, Eun Koung Ko, p. 72-73(75)

Eun Koung Ko | Korean in Germany

n the early 1960s, West Germany achieved rapid economic development, while on the contrary, South Korea was in extreme poverty. At that time Korea’s gross national product (GNP) was only $79. It was impossible to build factories and to create jobs, so the unemployment rate reached 40 percent. While West Germany made remarkable progress, they […]

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