
Archaeological findings show that the Korean Peninsula was occupied as early as the Lower Paleolithic period.[8][9] Korean history begins with the founding of Gojoseon in 2333 BCE by Dangun. Following the unification of Three Kingdoms of Korea under Silla 668 CE, Korea went through the Goryeo and Joseon Dynasty as one nation until the end of the Korean Empire in 1910, when Korea was annexed by Japan. After liberation and division at the end of World War II, the nation was divided into North and South Korea. The latter was established in 1948 as a democracy. A war between the two Koreas ended in an uneasy cease-fire. During a period of military rule, the South Korean economy grew significantly, and the country was transformed into a major economy.
South Korea is now a full democracy and a presidential republic consisting of 16 administrative divisions. It is a developed country with a high standard of living. It has the fourth largest economy in Asia and the 15th largest in the world. The economy is export-driven, with production focussing on electronics, automobiles, ships, machinery, petrochemicals and robotics. South Korea is a member of the United Nations, WTO, OECD and G-20 major economies. It is also a founding member of APEC and the East Asia Summit, and a major non-NATO ally of the United States. More recently, South Korea has earned an increased cultural popularity around the world known as the Korean Wave.
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