K-Series Fans should know, What is the Chaebol Family?

Many people are addicted to the K-series and can’t stop watching until late at night, whether it’s Reborn Rich or an all-time hero like Song Joong Ki, reincarnated into a rich family. with the largest number of big businesses in South Korea. Or in many other stories, the background of the main character is a very rich family with a big business. overpowered will have to deal with many business problems, whether within the family that competes for benefits or from competitors. This made us wonder. How could these families be so wealthy?

Let’s go back to the 1960s, when various industries were slowly starting to flourish in South Korea. Due to the revolution in the country, it headed toward agriculture. to change the direction to do more in the field of industry, which was born out of the idea of the president of that era named Park Jung Hee, and it was this person who created the so-called Chaebol, where every giant business because the Chaebol family must be a business that has been passed down from generation to generation, there is clearly family kinship, as we can see with Samsung, CJ Group, or Korean Air companies that have diversified their business lines in many other areas.

Chaebol’s role in South Korea Big business, of course, must make enormous amounts of money. Inevitably, companies from these families are said to be an important part of South Korea’s economy because it contributes to the creation of GDP for the country as well as adding more channels for foreign investors. Dare to decide to do business in South Korea because it has a relatively strong economy. And there are only a few market leaders in each sector.

Finally, many people may see this as divisive, trade barriers or creating inequality for South Korean society, but there are also other companies that have grown tremendously. By not being a company from the Chaebol family

Thank you for providing information from 

https://theseriousseries.com/why-her-chaebol/

https://www.creatrip.com/th/blog/11852

https://thestandard.co/reborn-rich-2/

 

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