Seoul City Essay Example | Topics and Well Written Essays - 500 words

Seoul City - Essay ExampleOstensibly, the Korean volume learned how a conflict can paralyze the economy of a country. The term is a commission of rapid industrialization, urbanization, scotch boom, education boom, technological advancement, skyscraper boom, a rise in living standards and modernization. This culminated in the fortunate hosting of the 1988 Summer Olympics Championship. Additionally, Seoul City co-hosted the 2002- FIFA World Cup. Consequently, the country transformed from the near destruction of the Korea War into globalisation and democratization. The city is celebrated as wealthy, developed with sound economic viability and exerting a global economic bend (The Korean Economy - the Miracle on the Hangang River). Currently, it boasts of prominent multinational companies such as Samsung, Hyundai-Kia, and LG. More specifically, the term refers to the economic growth of Seoul city through which River Han flows. It is fascinating to note that it is termed a miracle as it represents the economic spiritual rebirth of the country between the periods 1961 to 1996. Initially, the country was crippled by the Korean War that saw an escalation of poverty levels and unemployment rates. Interestingly, in less than four years, Seoul became a global city, a highly developed economic hub, join of business and commerce. It opened grounds for technological advancement and the development of communication infrastructure. Currently, the inhabitants consider the opulence as national pride as well as a symbol of self-sufficiency.