Korean Conglomerates (inquiry)Project
The compelling question for this inquiry calls on students to consider whether conglomerates are good for the economy. Specifically, this focused inquiry is a case study of South Korean conglomerations, known as chaebols . After the Korean War, large sums of money were given to a handful of corporations (Samsung, Lotte, Hyundai, Daewoo, etc.) in order to spur economic growth in the South. The chaebols, including Samsung, Hyundai, and Daewoo, would play an important role in spurring economic growth by focusing on the export of cheap electroinc goods. At the same time, these chaebols were protec