The Korean flag is called "Taegeukgi" in Korean. Its design symbolizes the principles of the yin and yang in Oriental philosophy.
The circle in the center of the Korean flag is divided into two equal parts. The upper red section represents the proactive cosmic forces of the yang. Conversely, the lower blue section represents the responsive cosmic forces of the yin. The two forces together embody the concepts of continual movement, balance and harmony that characterize the sphere of infinity.
The circle is surrounded by four trigrams, one in each corner. Each trigram symbolizes one of the four universal elements:
heaven ( ), earth (
), fire (
), and water (
).
The Constitution of Republic of Korea was first promulgated on July 17, 1948. The Constitution guarantees the basic rights and freedoms of the people, including equality before the law, freedom from arbitrary arrest, freedom of residence, the right to vote and hold public office, the right to privacy, freedom of religion, speech, the press and assembly, as well as the right to a clean environment and pursuit of happiness.
Under a presidential system, the government consists of three branches : the legislature, on the form of a unicameral National Assembly; the judiciary, consisting of district and appellate or high courts and the Supreme Court; and the executive, headed by the President who is the head of state and commander-in-chief of the Armed Forces. The President is assisted by the Prime Minister and the State Council, including the cabinet.
Economic Composition: Korea is a highly industrialized and modern country. The industrial sector comprises of 39.2% of the GDP while services account for 58.2%. Korea has excelled in the research, development and production of many products such as electronic devices, industrial machinery, shipbuilding, etc.
Suffrage: All citizens age 20 or older are eligible to vote.
Elections: Presidential: Every five years National Assembly: Every four years Local councils: Every four years.