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Korea provides high-quality compulsory education to middle school students. The number of students per teacher is 11.4. It also introduced a free school meal system so that poor students can eat school meals without worrying. [35] In the health sector, the "National Health Insurance" is receiving the best evaluation from the public.
List of largest companies of South Korea. Corporate headquarter buildings of Big 4 Chaebol groups; Samsung, Hyundai Motors, SK, and LG (Clockwise from top left) This article lists the largest companies in South Korea in terms of their revenue, net profit, total assets and market value according to American business magazines Fortune and Forbes.
Elementary schools ( Korean: 초등학교, 初等學校, chodeung hakgyo) consists of grades one to six (age 8 to age 13 in Korean years —7 to 12 in western years). The South Korean government changed its name to the current form from Citizens' school ( Korean: 국민학교, 國民學校 . In elementary school, students learn the following ...
The KDI School was established in 1997 under the authorization of the Ministry of Education and Human Resources Development by the Korea Development Institute (KDI), an autonomous economic policy think tank set up by the South Korean government in 1971 to provide research and analysis of economic policy decisions and to monitor South Korea's rapid economic development.
The South Korean pension system was created to provide benefits to persons reaching old age, to families and individuals affected by the death of their primary breadwinner, and for the purpose of stabilizing the nation's welfare state. [18] South Korea's pensions system structure is primarily based on taxation, and is income-related.
SolBridge is the first business school in Korea with an international faculty and student body. [4] International students come from 70 countries and represent 80% of the student population. [1] [5] At SolBridge, all courses are taught in English [6] and students have to study Korean, Chinese and Japanese languages.
The economy of South Korea is a highly developed mixed economy. [ 20][ 21][ 22] By nominal GDP, the economy was worth ₩2.24 quadrillion (US$1.72 trillion). It has the 4th largest economy in Asia and the 14th largest in the world as of 2024. [ 3]
Universities in South Korea go as far back as 1398 ACE when Sungkyunkwan was founded as the highest educational institute of the Joseon dynasty. [11] However, Keijō Imperial University, the predecessor of Seoul National University, established in 1924 by the Japanese Empire, marks the beginning of higher education in South Korea that agrees with the modern definition of a university.