The income reinvestment project as a main business model of the Saemaul Movement.

The income reinvestment project was one of the main business models of the Saemaul Movement. It was a private-public partnership widely adopted by self-reliant villages from 1973 on. Because villages lacked start-up capital, this business model used funds received from the government, and by repeatedly establishing new businesses, it increased the development funds and self-sufficiency of the villages.

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