Fifty years ago, Korea was just an ordinary agricultural country. From 1950 to 1952, the Korean War turned into one of the world's poorest countries. However, Korea has been able to achieve economic development, that is widely acclaimed as "the economic miracle on the Han river. A question may arise in you head, how is it possible for a poor country to develop its economy so rapidly ...,? Korea was able to score numerous achievements with the five-year economic development program in 1962. As a result, Korea's gross national product increased, and put Korea as the 11th ranked country in the world. Korea has not many natural resources, but it has developed an expertise in the area of export. Our main export industry are chemical, steel and metal goods as well as machinery, electronic and transport machinery. In order to actualize the new dream of a new economy in the year 2000, Korean's new economic policy is intending to foster private initiative and creativity at all levels of business.