South Korea – Fast Facts
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The economic structure of the South Korean Economy was more planned in the past. Presently the economy has followed towards a market system.
Country’s economy is largely dependent upon the fuel exports. Both services sector as well as industrial sector is important in the economy. Services constitute a larger share in the Gross Domestic Product in the country followed by industrial sector.
The economic structure of the South Korean Economy was more planned in the past. Presently the economy has followed towards a market system.
Country’s economy is largely dependent upon the fuel exports. Both services sector as well as industrial sector is important in the economy. Services constitute a larger share in the Gross Domestic Product in the country followed by industrial sector.
Major agricultural products in the country are vegetables, fruit, chickens, milk, egg, and fish. Important industries in the country are chemicals, steel, textiles, food processing and shipbuilding.
