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==Fourth Republic (1972β1981)== {{Main|Fourth Republic of South Korea}} [[File:μΈμ° νλμ‘°μ μ μ κ²½ 1976.jpg|thumb|200px|Shipyard of [[Hyundai Heavy Industries]] at [[Ulsan]] in 1976]] The Fourth Republic began with the adoption of the [[Fourth Republic of Korea|Yushin Constitution]] on 21 November 1972. This new constitution gave Park effective control over the parliament and the possibility of permanent presidency. The president would be elected through indirect election by an elected body, and the term of presidency was extended to six years with no restrictions on reappointment. The legislature and judiciary were controlled by the government, and educational guidelines were under direct surveillance as well. Textbooks supporting the ideology of the military government were authorized by the government, diminishing the responsibilities of the Ministry of Education.<ref name="lhh 604" /> Despite social and political unrest, the economy continued to flourish under the authoritarian rule with the export-based industrialization policy. The first two five-year economic development plans were successful, and the 3rd and 4th [[Five-Year Plans of South Korea|five-year plans]] focused on expanding the heavy and chemical industries, raising the capability for steel production and oil refining. However, large conglomerate ''[[chaebol]]s'' continuously received preferential treatment and came to dominate the domestic market. As most of the development had come from foreign capital, most of the profit went back to repaying the loans and interest.<ref name="sk economy"/><ref name="lhh 604"/> Students and activists for democracy continued their demonstrations and protests for the abolition of the Yushin system and in the face of continuing popular unrest, Park's administration promulgated emergency decrees in 1974 and 1975, which led to the jailing of hundreds of dissidents. The protests grew larger and stronger, with politicians, intellectuals, religious leaders, laborers and farmers all joining in the movement for democracy. In 1978, Park was elected to another term by indirect election, which was met with more demonstrations and protests. The government retaliated by removing the opposition leader [[Kim Young-sam]] from the assembly and suppressing the activists with violent means. In 1979, mass anti-government demonstrations occurred nationwide, in the midst of this political turmoil, Park Chung Hee was assassinated by the director of the [[National Intelligence Service (South Korea)|KCIA]], [[Kim Jae-gyu]], thus bringing the 18-year rule of military regime to an end.<ref name="lhh 604"/><ref name="aks 201"/><ref>[http://countrystudies.us/south-korea/14.htm Military in Politics], Country studies: South Korea</ref>
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