North Korea's 'Currency Reforms' Hurt Thousands : NPR - 1 views
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July 19, 2010
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You might think it would be hard to make life more miserable for North Koreans, but their government did just that last fall when it tossed out its old currency and introduced a new one.
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middle-class
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North Korea's 'Currency Reforms' Hurt Thousands How does North Korea's communist government and nuclear technology influence the lives of its people? Demick, Barbra. Interview by Renee Montagne. "North Korea's 'Currency Reforms' Hurt Th." Morning Edition. NPR, 19 July 2010. Web. 11 Apr. 2011. . Summary: The Communist North Korean government decided to change the currency of their country abruptly which destroyed the savings of many of its people. The government felt that the people having money was anti communist. In the article there is a case study on a 17 year old girl who grew up in a middle class household which meant that she wasn't starving. The other reason it is believed that the government chose to change currency was to "confiscate" the money of the people to gain money to make a celebration for Kim Jong Ilk's birthday. Responce: How terrible for a country to be able to so easily destroy the hopes and dreams of its people! This article is so directly an answer to our research question because in a democratic government this could have never happened. This is a good article to have read because the case study will be very advantageous for our presentation. Questions: 1) How can a government do that to it's people? 2) What are the continuing effects of this currency change? 3) What are some other case studies like the 17 year old girl? (i will be checking the book this is based off out of the library.)