North vs South Korea: What Makes These Neighbors So Different?
Business and The Economy
Like Seoul’s Gangnam, South Korea’s business districts are bustling with skyscrapers, global corporations, and high-tech startups. The South Korean economy is ranked 10th in the world in terms of output and is driven by technology, manufacturing, and exports.
However, North Korea’s economy is difficult to analyze due to its secrecy and lack of transparency. Business districts in the North are sparse and underdeveloped, reflecting the country’s isolation and state-controlled economy. While the South thrives on international trade and innovation, North Korea’s economic activities remain limited and tightly regulated.
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