What is Life Really Like In South Korea? | NowThis World

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  • Published on:  Sunday, February 18, 2018
  • What's life like in South Korea? South Korea actually has a pretty high standard of living and is one of the most prosperous countries in the world, ranking above average in housing, civic engagement, and education.
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    NowThis World is dedicated to bringing you topical explainers about the world around you. Each week we’ll be exploring current stories in international news, by examining the facts, providing historical context, and outlining the key players involved. We’ll also highlight powerful countries, ideologies, influential leaders, and ongoing global conflicts that are shaping the current landscape of the international community across the globe today.

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  • Source: https://youtu.be/KJ7J_eqOUa8
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Comment

  • The King of Pasadena

    The King of Pasadena

     1 months ago

    This is fake news !!!!

  • John Park

    John Park

     3 months ago

    we be drinkin like north bout to attack seoul

  • antitroll98

    antitroll98

     3 months ago

    But it is safe to say 90% of korean celebrities had done plastic surgery, especially eyelid nose and jaw. The only exceptions I can think are Kim Go Eun and IU. Natural korean beauty. Most of those korean celebs don't represent Korean beauty, it is all fake.

  • strangerpainter

    strangerpainter

     5 months ago

    Spending a lot of money on education does not mean people are better educated. Its just because its way more expensive, and that kids basically go to several different private schools because the society is so competitive. these people know nothing about S. Korea.

  • 독립군만세

    독립군만세

     5 months ago

    interesting!

    South Korean life is

    BC. 2400~AD. 1900: nice for high class, bad for low class

    1910~1945: sad (slave of Japan)
    1945~1970: poor and civil war
    1970~1997: economy development (thanks USA)
    1997: hot money attack and IMF

    1998~now: nice for high class, bad for low class

  • royal dsouza

    royal dsouza

     7 months ago

    Anchor is cute😍😍

  • John Castaldo

    John Castaldo

     7 months ago

    How can they be happy when the suicide rate is high and its competition puts so much stress on the people.

  • mac carroni

    mac carroni

     8 months ago

    Well there are some errors in the video. Income inequality is not low in Korea.

    Gini index prior to year 2016 faced public criticism for not being accurate, so they changed the way they pick samples.

    Current government statistic shows Gini index of Korea is over .4. and Research based on Government taxation database shows .45 to over .5.

    And nominal value of high wage does not represent quality of life in Korea

    1) 25% of work force is self-employed, Thier average income is lower than employed. Government estimate shows one million self employed business has closed in 2018. They take significant part of population, But their income is not included in average wage.

    2) Even Average wage of Korea is exaggerated as significant part of low wage workers (20- 25% of total employed workers) are excluded from statistics. Official average wage was calculated based on registration of national pension, where nearly 70% of those low wage workers are unregistered( technically they should but in practice they do not register).

    3) High living expenses. According to the Economist consumer price in Seoul is even higher than NYC, 6th in the world including city states. And almost half of total population live within Seoul metropolitan area. Due to unaffordable housing, 75% of household wealth is bound to housing. ( for US and Japan <50%)

    4) Income inequality. highest 20% earned 5.47 times more income than lowest 20% last year. 15-20% of people are below poverty line.

    So overall wealthy state and giant companies , but not so much for the people.

  • Kwang-Hoon Park

    Kwang-Hoon Park

     9 months ago

    Developed Country in Asia. South Korea' GDP Capital per 1 person 2018 -> 32,000 usd

  • Ram Jam

    Ram Jam

     11 months ago

    Birth rate is lowest in the world. Kpop needs to slow down and not snatch away the youth of the country.

  • Kay Ręh

    Kay Ręh

     a years ago

    Better then North Korea

  • Wong Tik Ki

    Wong Tik Ki

     a years ago

    Thinking that 'Pale face, slim jaw, big eye etc' is a stereotypical 'western' beauty standard in asia, is a very stereotypical western idea.

  • Sewon Hong

    Sewon Hong

     a years ago

    one out of five men gets plastic surgery?? omg... where did it come from? I mean we, the Korean men in general not that handsome. How could you just blatantly lie...

  • Jeong Hyeon Park

    Jeong Hyeon Park

     a years ago

    Most of South Korean students are getting stressed by their grades, exams, and getting job.

  • Jeong Hyeon Park

    Jeong Hyeon Park

     a years ago

    Actually (South) Koreans don’t care about all the threatens of North Korea bc there were so many news telling it. I’m from South Korea and I don’t care too much about North Korea, too.

  • Rob Munch

    Rob Munch

     a years ago

    russia

  • Tim Kim

    Tim Kim

     a years ago

    That is really accurate. (I'm Korean btw)

  • SANG

    SANG

     a years ago

    Soccer, really??? Ratings and attendances for pro soccer league is horrendously low in Korea, cause Koreans care about soccer only once in four years for the Worldcup!! The only pro league sports thats actually popular in Korea is the baseball league.

  • y z

    y z

     a years ago

    low birth rate is killing South Korea.

  • NikiMsp roblox

    NikiMsp roblox

     a years ago

    South Korea, officially the Republic of Koreais a country in East Asia, constituting the southern part of the Korean Peninsula and lying east to the Asian mainland.[12] The name Korea is derived from Goguryeo which was one of the great powers in East Asia during its time,[13][14][15][16] ruling most of the Korean Peninsula, Manchuria, parts of the Russian Far East[17] and Inner Mongolia,[18] under Gwanggaeto the Great.[19] South Korea lies in the north temperate zone and has a predominantly mountainous terrain. It comprises an estimated 51.4 million residents distributed over 99,392 km2 (38,375 sq mi).[20]The capital and largest city is Seoul, with a population of 10 million.

    Archaeology indicates that the Korean Peninsula was inhabited by early humansstarting from the Lower Paleolithic period (2.6 Ma–300 Ka).[21][22] The history of Koreabegins with the foundation of Gojoseon in 2333 BC by the legendary king Dangun[citation needed]. Following the unification of the Three Kingdoms of Korea under Unified Silla in AD 668, Korea was subsequently ruled by the Goryeo dynasty (918–1392) and the Joseon dynasty (1392–1910). It was annexedby the Empire of Japan in 1910. At the end of World War II, Korea was divided into Soviet and U.S. zones of occupations. A separate election was held in the U.S. zone in 1948 which led to the creation of the Republic of Korea (ROK), while the Democratic People's Republic of Korea (DPRK) was established in the Soviet zone. The United Nations at the time passed a resolution declaring the ROK to be the only lawful government in Korea.[23]

    The Korean War began in 1950 when forces from the North invaded the South. The war lasted three years and involved the U.S., China, the Soviet Union and several other nations. The border between the two nationsremains the most heavily fortified in the world.[24] Under long-time military leader Park Chung-hee, the South Korean economy grew significantly and the country was transformed into a G-20 major economy.[25] Military rule ended in 1987, and the country is now a presidential republic consisting of 17 administrative divisions.

    South Korea is a developed country and a high-income economy, with a "very high" Human Development Index, ranking 18th in the world. The country is considered a regional power and is the world's 11th largest economy by nominal GDP and the 12th largest by PPP as of 2010.[26] South Korea is a global leader in the industrial and technological sectors, being the world's 5th largest exporter and 8th largest importer. Its export-driven economy primarily focuses production on electronics, automobiles, ships, machinery, petrochemicals and robotics. South Korea is a member of the ASEAN Plus mechanism, the United Nations, Uniting for Consensus, G20, the WTO and OECD and is a founding member of APEC and the East Asia Summit.