Try Trade Videos

The country’s economic system is based on a communist system of production without the use of free markets. Everything is planned centrally and coordinated by the government. The Korean peninsula was a Japanese colony from to As World War II drew to a close, the Japanese forces in the northern region of Korea surrendered to the Soviet troops while the American troops took charge of the southern region. The supposed reunification through elections never took place in the Korean peninsula, and the two regions appointed their respective leaders. Kim II-Sung’s aspiration of bringing the entire peninsula under his communist rule failed. There is stagnation in industrial and power output, along with food shortages, because of systemic problems. Large-scale military spending draws off resources needed for investment and civilian consumption. With investments in the iron, steel, cement and machine tool sectors, there was a steady increase in industrial output in the s. North Korea w...

Unsurprisingly, the majority of careers on this list fall under the STEM category. In terms of financial security, engineering majors boast perhaps the brightest future of all, but individuals aspiring toward scientific endeavors and technology careers also appear well-represented. Common attributes of these high-earning professionals include leadership and management skills, advanced mathematical, technical, or engineering knowledge, and high-level researching abilities. While many of the 25 highest paying careers for college graduates allow for entry-level work fresh off of an undergraduate program, some may require graduate or postgraduate education to get your foot in the industry door. These skilled professionals first work alongside specialists and scientists to understand the reservoir formations, before beginning research and development of drilling equipments, plans, and other operations. Petroleum engineers may specialize in different areas, including completions, working on ...