24.4k views
1 vote
2. the reasons for South Korea's economic success and recent downturn.

User Ramon Poca
by
8.8k points

1 Answer

5 votes

Answer:

Some reasons for South Korea's economic success are electronics, automobiles, telecommunications, shipbuilding, chemicals and steel. The reason for the recent downturn is because, South Korea has an export driven economy so the trade-war going on between Beijing and Washington is negatively affecting the electronic and telecommunication industry which is were most of South Korea's economic stability came from. Right now, South Korea is facing one of its worst two year growth periods in more than half a century

Explanation:seen above

User Halie
by
7.7k points

Related questions

2 answers
0 votes
139k views
asked Jan 15, 2021 115k views
Leng asked Jan 15, 2021
by Leng
8.0k points
1 answer
2 votes
115k views