The Republic of Korea is a small country on the far eastern edge of Asia. Although it ranks 109th in the world in terms of land area, the country is a center of economic activity, culture, and arts. Korea was colonized by Japan in the early 20th century and later had to endure the Korean War (1950-53), but it has achieved amazing economic growth in a short period, dubbed "the Miracle on the Han River."
Today, Korea is an industrial nation standing tall on the world stage. Its semiconductor, automobile, shipbuilding, steel making, and IT industries are on the leading edge in global markets. It hosted the 1988 Seoul Olympics and the 2002 FIFA World Cup Korea/Japan. More recently, Korean dramas, movies, and music are attracting many audiences in Asian countries and beyond, creating what is being called the "Korean Wave." Korea's new standing in the international community was highlighted in 2010 with the nation becoming the first Asian country to chair the G20 and host the G20 Seoul Summit.
The Korean flag is called Taegeukgi. Its design symbolizes the principles of the yin and yang in Asian philosophy. The circle in the center of the flag is divided into two equal parts. The upper red section represents the proactive cosmic forces of the yang. Conversely, the lower blue section represents the responsive cosmic forces of the yin. The two forces embody the concepts of continual movement, balance, and harmony that characterize the sphere of infinity. The circle is surrounded by four trigrams, one in each corner. Each trigram symbolizes one of the four universal elements: heaven, earth, fire, and water.
- Country Name
- Republic of Korea (South Korea)
- Capital City
- Seoul (10.2 million) (2012)
- National Flag
- National Flower
- Mugunghwa (Rose of Sharon)
- won (US$1 = 1,127 won) (2012)
- Korean (Writing system: Hangeul)