2 questions: 1. What, according to you, are the major strengths and weaknesses of the Korean Chaebol system?2. There is an increasing consensus that the Korean Chaebol system needs reforms. What should the reforms focus on if the end goal is to sustain and propel South Korean economic growth forward in the coming decades?1Korean Chaebol SystemIntroductionBasically, the largest Korean business conglomerates (Chaebols) have critically contributed to thepotential role of rapid economic development. The chaebols…

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