In small groups or with a partner, have students answer the questions in the handout accompanying the reading above. Have students discuss living conditions in Seoul and how these might illustrate the advantages and disadvantages of economic growth in South Korea. Tell students that a developing nation with essentially the same natural resources profile as South Korea wants to enter the world market. This nation asks South Korea to submit a proposal outlining how this could be achieved. The report should include such things as the education and training of workers, wages and benefits to be paid, use of natural resources, financing from domestic and foreign banks, etc.
Students can research the necessary information to create a proposal.
The reports could be given to another class for evaluation.