Country name. conventional long form: Republic of Korea conventional short form: South Korea local long form: Taehan-min’guk local short form: Han’guk abbreviation: ROK etymology: derived from the Chinese name for Goryeo, which was the Korean dynasty that united the peninsula in the 10th century A.D.; the South Korean name “Han’guk” derives from the long form, “Taehan-min’guk,” which is itself.. The economy of South Korea is a highly developed mixed economy. By nominal GDP, the economy was worth ₩2.24 quadrillion (US$1.72 trillion). It has the 4th largest economy in Asia and the 13th largest in the world. South Korea is notable for its rapid economic development from an underdeveloped nation to a developed, high-income country in a few generations. This economic growth has been.
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South Korea country profile. 19 July 2023. South Korea has developed into one of Asia’s most affluent countries since partition in 1948. The Communist North has slipped into totalitarianism and.. South Korea, country in East Asia that occupies the southern portion of the Korean peninsula. It faces North Korea across a demilitarized zone 2.5 miles (4 km) wide that was established by the terms of the 1953 armistice that ended fighting in the Korean War. The capital is Seoul.
