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South Korea has developed under a socialist system since 1945?

False


Is South Korea a developed country?

No. South Korea is More like developed country.


Which of the Korea among north Korea and south Korea is more developed country?

South Korea


When did South Korea become a developed country?

In September 2009 South Korea became a developed country.


Are there schools in South Korea?

Of course there are schools in South Korea!!! There are even international school in South Korea!!! There are lots of good schools. FYI, South Korea is a developed country.


Does South Korea have a railway system?

Yes, in fact South Korea does have a railway system.


How is north Korea's government different from south Korea's government?

South Korean system is similar to that of the US. North Korean system is similar to that of Hussein's Iraq.


Is South Korea rich?

South Korea's GDP is 14th and PPP is 15th.It's also in G20.Yes. Although South Korea is not as rich as US, or JApan, South Korea is fairly rich country. Most of the places in Korea is very fancy, and very developed. Korea is very developed in techonology. Go aroud the house, and count how many Samsung, LG products there are. Your cell phone is probably made in Korea.


What is the Monetary System in South Korea?

South Korea's monetary system is comprised on the Korean won. A single won is divided into 100 jeon, the monetary sub-unit of South Korea.


Do South Korea have a nice city?

Yes, Seoul as well as several others. South Korea, unlike North Korea, is quite developed and a nice place to live.


Why South Korea has market system?

South Korea has amarket system to make money. They make large amounts of money from exports.


Why is south Korea rich and north Korea is not?

Why North Korea has not developed an economy comparable to South Korea is a complex issue. One reason is that North Korea has faced repeated sanctions from the UN. North Korea and South Korea had comparable economies until the mid-1970s. South Korea chose to embrace a Westernized Capitalist economy and was able to modernize alongside Japan and Taiwan in developing a first-world modern economy. Conversely, North Korea continued to become more autarkic and slide into increasing forms of state-planned economy. Without innovation and a strong private sector, North Korea's economy continues to shrivel whereas South Korea's economy continues to grow and develop.