South Korea Vocabulary 2025

Front

Economy

Back

The way a country makes and uses money, goods, and services.

Front

Industries

Back

Different types of businesses that make products or provide services.

Front

Entrepreneur

Back

A person who starts and runs their own business, taking risks to make it successful.

Front

Democratic Republic

Back

A type of government where people elect leaders to represent them and make decisions.

Front

Trade Barrier

Back

A rule or law that makes it harder for countries to buy or sell goods to each other.

Front

Literacy Rate

Back

The percentage of people in a country who can read and write.

Front

Scenario

Back

A possible situation or example of something that could happen.

Front

Impact

Back

The effect or change that something causes.

Front

Capital Goods

Back

Machines, tools, and buildings that businesses use to make products.

Front

Human Capital

Back

The knowledge and skills that workers have, which help them do their jobs.