Buildings and Structures in Seoul - Economy

Economy

See also: Economy of South Korea

As the headquarters for Samsung, LG, Hyundai, Kia and SK, Seoul has become a major business hub. Although it accounts for only 0.6 percent of South Korea's land area, Seoul generates 21 percent of the country's GDP.

Read more about this topic:  Buildings And Structures In Seoul

Famous quotes containing the word economy:

    “Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
    —Jane Jacobs (b. 1916)

    “The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
    —Ralph Waldo Emerson (1803–1882)

    “Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
    —Alexander Herzen (1812–1870)