For my final presentation, I was reading articles on how the international popularity of Korean dramas and k-pop has affected the Korean society. A lot of the clothing item and food that are prominent in tv shows and music videos are now more expensive. For example, in the US, a bubble tea cost around $5 which more expensive than other beverages. In the past, bubble tea was not considered expensive in Korea, but in the recent years, prices have gone up and it now costs around $3 in Korea which is higher than what it used to cost in the past. Growing international for Korean products has actually increased local prices and has negatively affected the population in the country.
https://www.alliedmarketresearch.com/press-release/bubble-tea-market.html ;
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