Korea’s overall industrial ecosystem is represented by the existence of the chaebol, a combination of the Korean words “jae” (wealth) and “beol” (clan or clique). It also stands for plutocracy and rich business families.
Korea’s overall industrial ecosystem is represented by the existence of the chaebol, a combination of the Korean words “jae” (wealth) and “beol” (clan or clique). It also stands for plutocracy and rich business families.