Classical Literature Analysis: Government Development Strategies for Improving Economy in Joseon Dynasty Period

Classical Literature Analysis: Government Development Strategies for Improving Economy in Joseon Dynasty Period

The Joseon Dynasty lasted for 618 years, from 1392 to 1910, and is regarded as one of the development periods of Korea in various areas, including politics, culture, economy, and society. During this period, the government undertook various measures to try to change the state of the economy and generally transform people's living standards. These were some of the strategies founded on Confucianism, which focused on the right way to govern and manage the economy to attain prosperity for the society. The present study explores government development strategies for improving the economy in Joseon Dynasty period using comprehensive literature analysis via Kci, Scopus, Web of Science databases. Indeed, agricultural transformations during the Joseon dynasty clearly show that knowledge and innovation were critical for encouraging agricultural growth. Therefore, today's South Korean government can implement technological advancement and research to improve its agricultural value chain and food security. Many farmers lack knowledge about improved methods of practicing agriculture or have inadequate capital to invest in research and development; these issues can be dealt with by the relevant government agencies putting in place necessary policies and creating awareness through educational programs and articles