Prior to the economic crisis of 1997-1998, the south Korea's "chaebol" had become bloated and heavily in debt.

Name: Prior to the economic crisis of 1997-1998, the south Korea's "chaebol" had become bloated and heavily in debt.
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This is true. Prior to the economic crisis of 1997-1998, South Korea's large conglomerates, known as "chaebols," had become excessively large and heavily indebted, leading to their vulnerability in the crisis.

Prior to the Economic Crisis of 1997-1998, the South Korea's