The option that best exemplifies the third wave of democratization is the split of the Korean peninsula and emergence of South Korea as a democracy after the militaristic rule of General Chun ended in 1987. This is because the thrid wave referres to the historic democratic transitions in between approximately 1974 and 1988 in the countries of Latin America, Asia Pacific countries and regions, eastern-European countries and sub-Saharan African countries, specially talking about those who were in a military regime and were either first experiencing democracy or going back to it after a long period of dictatorship.