The South Korean chaebol is the equivalent of which institution?

Name: The South Korean chaebol is the equivalent of which institution?
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The South Korean chaebol is similar to Japan's zaibatsu, which were large conglomerates that dominated the Japanese economy before and during World War II. Chaebol, like zaibatsu, have diverse holdings and subsidiaries, and wield significant economic power in their respective countries.

The South Korean Chaebol Is the Equivalent of Which Institution