The massive investment in education has taken the country from mass illiteracy to a major international technological powerhouse.
The South Korean economy is heavily dependent on international trade, and in 2014, South Korea was the 5th largest exporter and 7th largest importer in the world.
South Korea has a technologically advanced transport network consisting of high-speed railways, highways, bus routes, ferry services, and air routes that criss-cross the country.
South Korea is the world's fifth-largest nuclear power producer and the second-largest in Asia as of 2010.
South Korea is the third highest ranked Asian country in the World Economic Forum's Network Readiness Index (NRI) after Singapore and Hong Kong respectively.
The South Korean government has set a target of attracting 20 million foreign tourists a year by 2017.
South Korea leads the OECD in graduates in science and engineering. South Korea today is known as a Launchpad of a mature mobile market.
Since the 1980s, the Korean government has invested in the development of a domestic biotechnology industry.
Recently, research and development in genetics and cloning has received increasing attention.
The industrialization and urbanization of South Korea have brought many changes to the way Korean people live. Changing economics and lifestyles have led to a concentration of population in major cities, especially the capital Seoul, with multi-generational households separating into nuclear family living arrangements.
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