South Korea\'s extraordinary economic and technological transformation after the Korean War (1950-1953) is often referred to by observers and historians as the "Miracle on the Han River." The nation underwent an extraordinary makeover from being one of the poorest countries to become the 12th largest economy in the world and 4th in Asia.
As in other capitalist economies and despite South Korea\'s und.
South Korea also became one of the most technologically advanced countries in a short span.
South Korea\'s extraordinary economic and technological transformation after the Korean War (1950-1953) is often referred to by observers and historians as the "Miracle on the Han River." The nation underwent an extraordinary makeover from being one of the poorest countries to become the 12th largest economy in the world and 4th in Asia