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Changing Industrial and Social Structures

In: Economic Growth, Low Income and Housing in South Korea

Author

Listed:
  • Kim Woo-Jin

    (Korea Housing Institute)

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.

Suggested Citation

  • Kim Woo-Jin, 1997. "Changing Industrial and Social Structures," Palgrave Macmillan Books, in: Economic Growth, Low Income and Housing in South Korea, chapter 3, pages 38-70, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-25079-0_3
    DOI: 10.1007/978-1-349-25079-0_3
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