chaebol

Stable and large private conglomerates are controlled by a single family,highly-centralized military bureaucratic state, who own most of the shares. Banks in the past have given low interest loans so that chaebols could expand their businesses quickly to a much larger scale. Chaebols took over areas such as public infrastructure construction and were supported by the government, which caused the collusion between politics and business.

chaebol which is stable and large private conglomerates is supported by a .

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International Political Economy

Category: Politics

Total terms: 14

Creator

  • HOSEOKNAM
  • (Beijing, China)

  •  (Bronze) 394 points
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