Introduction: In order to examine why and how South Korea is unequal in the 21st century, it is especially necessary to look at the phenomenon of polarization among households. The phenomenon of polarization resulting from income inequality creates not only economic inequality, but also a sense of social incongruity between the upper and lower classes. Furthermore, there is a risk of causing “hereditary” of class status through unequal distribution of educational and employment opportunities, and it adversely affects economic development by lowering the consumption desire and purchasing power of most people. Throughout the early 1990s, income inequality in South Korea has deteriorated and poverty has increased, and this trend of deteriorating income distribution is progressing rapidly.
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