Changing Industrial and Social Structures

Kim Woo-Jin
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Kim Woo-Jin: Korea Housing Institute

Chapter 3 in Economic Growth, Low Income and Housing in South Korea, 1997, pp 38-70 from Palgrave Macmillan

Abstract: Abstract Prior to 1960, as witnessed in Chapter 2, even though Korea was a very poor country, there was no serious social stratification. New social strata were created by differing access to knowledge and capital. Further opportunities for knowledge and capital depended upon further investment. The first unequal opportunities arose between the agricultural sector and the industrial sector, in other words between the rural and urban contexts. Such different opportunities (or life chances) caused a massive movement of people from agriculture to industry, which was accompanied by the movement of people from rural areas to urban areas. This change will be discussed in Section 2 of this chapter. In industries, big businesses as development agents benefited more than others. Such unequal allocation of national resources resulted in centralisation of the Korean economy, which will be discussed in Section 3. These altered habits of life, occupation, industrial structure and organisation necessarily resulted in the alteration of social structures, and vice versa; this will be discussed in Section 4. These changes then further influenced the opportunities open to Korean people, which will be discussed in the Chapter 4.

Keywords: Fair Trade; Informal Sector; Rural Household; Industrial Structure; Farm Household (search for similar items in EconPapers)
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-25079-0_3

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DOI: 10.1007/978-1-349-25079-0_3

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