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19th-century Peasant Rebellions In Korea
The 19th-century peasant rebellions in Korea were numerous peasant rebellions during the late Joseon period. Korea suffered from various social problems including economic inequality, high taxes, and corruption. As a result, sparking several peasant rebellions throughout the entire Korean peninsula. Background Fall of the hierarchy system During the late Joseon dynasty, a wave of industrialization swept through Korea. As the Korean population grew and the use of coinage spread, an expansive market economy developed. In the agricultural industry, cultivation of cash crops became widespread, and new farming techniques were invented to increase productivity. State-funded handicraft manufacturing gradually declined around the mid-17th century, as private workshops became abundant. In aquaculture, the creation of newer, efficient nets and fishing techniques innovated fisheries. Diplomatic relationships with Edo shogunate, Japan and Qing dynasty, China became normalized after the 17th ...
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Joseon
Joseon ( ; ; also romanized as ''Chosun''), officially Great Joseon (), was a dynastic kingdom of Korea that existed for 505 years. It was founded by Taejo of Joseon in July 1392 and replaced by the Korean Empire in October 1897. The kingdom was founded following the aftermath of the overthrow of Goryeo in what is today the city of Kaesong. Early on, Korea was retitled and the capital was relocated to modern-day Seoul. The kingdom's northernmost borders were expanded to the natural boundaries at the rivers of Yalu River, Amnok and Tumen River, Tuman through the subjugation of the Jurchen people, Jurchens. During its 500-year duration, Joseon encouraged the entrenchment of Korean Confucianism, Confucian ideals and doctrines in Korean society. Neo-Confucianism was installed as the new state's ideology. Korean Buddhism, Buddhism was accordingly discouraged, and occasionally Buddhists faced persecution. Joseon consolidated its effective rule over the Korean peninsula and saw the he ...
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Taxes
A tax is a mandatory financial charge or levy imposed on an individual or legal entity by a governmental organization to support government spending and public expenditures collectively or to regulate and reduce negative externalities. Tax compliance refers to policy actions and individual behavior aimed at ensuring that taxpayers are paying the right amount of tax at the right time and securing the correct tax allowances and tax relief. The first known taxation occurred in Ancient Egypt around 3000–2800 BC. Taxes consist of direct or indirect taxes and may be paid in money or as labor equivalent. All countries have a tax system in place to pay for public, common societal, or agreed national needs and for the functions of government. Some countries levy a flat percentage rate of taxation on personal annual income, but most scale taxes are progressive based on brackets of yearly income amounts. Most countries charge a tax on an individual's income and corporate income. Cou ...
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Inflation
In economics, inflation is an increase in the average price of goods and services in terms of money. This increase is measured using a price index, typically a consumer price index (CPI). When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money. The opposite of CPI inflation is deflation, a decrease in the general price level of goods and services. The common measure of inflation is the inflation rate, the annualized percentage change in a general price index. Changes in inflation are widely attributed to fluctuations in Real versus nominal value (economics), real demand for goods and services (also known as demand shocks, including changes in fiscal policy, fiscal or monetary policy), changes in available supplies such as during energy crisis, energy crises (also known as supply shocks), or changes in inflation expectations, which may be self-fulfilling. Moderat ...
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Jeong Yak-yong
Jeong (the Revised Romanization spelling of ) may refer to: *Jeong (surname) *Jeong (given name) Jeong, also spelled Jung or Jong, Chung, Chong is a single-syllable Korean given name, and an element in many two-syllable Korean given names. Its meaning differs based on the hanja used to write it. There are 84 hanja with the reading "''Jeong ... * Qing (concept), concept from Neo-Confucian philosophy {{Disambiguation ...
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Interest
In finance and economics, interest is payment from a debtor or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum (that is, the amount borrowed), at a particular rate. It is distinct from a fee which the borrower may pay to the lender or some third party. It is also distinct from dividend which is paid by a company to its shareholders (owners) from its profit (economics), profit or Reserve (accounting), reserve, but not at a particular rate decided beforehand, rather on a pro rata basis as a share in the reward gained by risk taking entrepreneurs when the revenue earned exceeds the total costs. For example, a customer would usually pay interest to debt, borrow from a bank, so they pay the bank an amount which is more than the amount they borrowed; or a customer may earn interest on their savings, and so they may withdraw more than they originally deposited. In the case of savings, the customer is the lender, and the ban ...
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Sejong The Great
Sejong (; 15 May 1397 – 8 April 1450), commonly known as Sejong the Great (), was the fourth monarch of the Joseon, Joseon dynasty of Korea. He is regarded as the greatest ruler in Korean history, and is remembered as the inventor of Hangul, the native alphabet of the Korean language. Initially titled Grand Prince Chungnyeong (), he was the third son of Taejong of Joseon, King Taejong and Queen Wongyeong. In 1418, Sejong replaced his eldest brother, Grand Prince Yangnyeong, Yi Che, as crown prince; a few months later, Taejong voluntarily abdicated the throne in Sejong's favor. In the early years of Sejong's reign, Taejong of Joseon, King Emeritus Taejong retained vast powers, most notably absolute executive and military power, and continued to govern until his death in 1422. Sejong reinforced Korean Confucianism, Korean Confucian and Neo-Confucianism, neo-Confucian policies, and enacted major legal amendments (). He personally created and promulgated the Hangul, Korean alp ...
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Welfare Spending
Welfare spending is a type of government support intended to ensure that members of a society can meet basic human needs such as food and shelter. Social security may either be synonymous with welfare, or refer specifically to social insurance programs which provide support only to those who have previously contributed (e.g. pensions), as opposed to ''social assistance'' programs which provide support on the basis of need alone (e.g. most disability benefits). The International Labour Organization defines social security as covering support for those in old age, support for the maintenance of children, medical treatment, parental and sick leave, unemployment and disability benefits, and support for sufferers of occupational injury. More broadly, welfare may also encompass efforts to provide a basic level of well-being through subsidized ''social services'' such as healthcare, education, infrastructure, vocational training, and public housing.''The New Fontana Diction ...
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Jungjong Of Joseon
Jungjong (; 25 April 1488 – 9 December 1544), personal name Yi Yeok (), firstly titled Grand Prince Jinseong (), was the 11th monarch of the Joseon dynasty of Korea. He succeeded to the throne after the deposition of his elder half-brother, the tyrannical, bad Yeonsangun. Biography Rise to power In September 1506, on the day Yeonsangun was deposed, soldiers belonging to the coup's leaders surrounded the house of Grand Prince Jinseong. He was about to commit suicide, thinking that his older half-brother was finally going to kill him, but after being dissuaded by his wife, Lady Shin (later known as Queen Dangyeong), Grand Prince Jinseong found himself becoming the eleventh king of Joseon. Jo Gwang-jo's reforms Jungjong worked hard to wipe out the remnants of Yeonsangun's era by reopening Sungkyunkwan (the royal university) and the Office of Censors (which criticizes inappropriate actions of the king). However, during the early days of his reign, the new king co ...
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Mandatory Military Service
Conscription, also known as the draft in the United States and Israel, is the practice in which the compulsory enlistment in a national service, mainly a military service, is enforced by law. Conscription dates back to antiquity and it continues in some countries to the present day under various names. The modern system of near-universal national conscription for young men dates to the French Revolution in the 1790s, where it became the basis of a very large and powerful military. Most European nations later copied the system in peacetime, so that men at a certain age would serve 1 to 8 years on active duty and then transfer to the reserve force. Conscription is controversial for a range of reasons, including conscientious objection to military engagements on religious or philosophical grounds; political objection, for example to service for a disliked government or unpopular war; sexism, in that historically men have been subject to the draft in the most cases; and ideologic ...
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Yeongjo Of Joseon
Yeongjo (; 31 October 1694 – 22 April 1776), personal name Yi Geum (), was the 21st monarch of the Joseon dynasty of Korea. He was the second son of King Sukjong by his concubine, Royal Noble Consort Suk of the Haeju Choe clan. Before ascending to power, he was known as Prince Yeoning (). His life was characterized by political infighting and resentment due to his biological mother's low-born origins. In 1720, a few months after the accession of his elder half-brother, Yi Yun (posthumously King Gyeongjong), as the 20th king, Yeoning became the crown prince. This induced a large controversy between the political factions. Nevertheless, four years later, at the death of Gyeongjong, he ascended to the throne. Yeongjo is most remembered for his persistent attempts to reform the taxation system, and reconcile the various factions under his ''Tangpyeong'' policy (). His reign of nearly 52 years was also marked by the highly controversial execution of his only surviving son, ...
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Civil Conscription
Civil conscription is the obligation of civilians to perform mandatory labour for the government. This kind of work has to correspond with the exceptions in international agreements, otherwise it could fall under the category of unfree labour. There are two basic kinds of civil conscriptions. On the one hand, a compulsory service can be ordered on a temporary basis during wartimes and other times of emergency, like severe economic crisis or extraordinary natural events to provide basic services to the population. These include, but are not limited to, medical care, food supplies, defense industry supplies or cleanup efforts, following a severe weather or environmental disaster for the duration of the emergency. Therefore, it generally makes striking illegal for the duration of the civil mobilization. On the other hand, a revolving mandatory service may be required for a longer period of time, for example, to ensure community fire protection or to carry out infrastructure work a ...
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Gwanghaegun Of Joseon
Gwanghaegun or Prince Gwanghae (; 4 June 1575 – 7 August 1641), personal name Yi Hon (), was the 15th monarch of the Joseon, Joseon dynasty of Korea. As he was deposed in a ''coup d'état'', he did not receive a temple name. Biography Birth and background Gwanghaegun was the second son of Seonjo of Joseon, King Seonjo; born to Royal Noble Consort Gongbin Kim, Royal Noble Consort Gong, a concubine, who died a year after his birth. He had one older brother. When Azuchi-Momoyama Period, Japan invaded Joseon to attack the Ming dynasty, Ming Empire, he was installed as Crown Prince. When the king fled north to the border of Ming, he set up a branch court and fought defensive battles. During and after the Japanese invasions of Korea (1592–1598), Imjin Wars (1592–1598), despite being Crown Prince, he acted as the de facto ruler of the Joseon Dynasty in 1592, commanding battles and taking care of the reconstruction of the nation after the devastating wars, in the place of ol ...
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