the Korean war (25 Jun 1950 Jahr – 27 Jul 1953 Jahr)

Beschreibung:

When: The korean war started on june 25, 1950. The war ended on july 27, 1953
Where: The korean war was fought in both Koreas
Who: The war was between North and South Korea. North Korea was aided by China, and South Korea was aided by the US and the UN
What: North Korea, supported by the Soviet Union, invaded the south on the 25 June 1950, which was supported by the United States.
Why: North Korea aimed to militarily conquer South Korea and therefore unify Korea under the communist North Korean regime.
Impact: Its impact on the Korean economy was so immense that consequential economic systems and policies re-framed the course of economic development in the following years.