Which economic crisis affected Kim Young-sam's presidency?
1997 Asian financial crisis
1987 Black Monday
2008 Global recession
2010 Eurozone crisis
Answer
The 1997 Asian financial crisis profoundly impacted Kim Young-sam's presidency. Originating in Thailand, the crisis triggered a domino effect, causing a severe economic downturn in South Korea. It was characterized by a sudden outflow of foreign capital, plummeting stock markets, and a sharp depreciation of the Korean won.
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