Korean pop culture has taken the world by storm. And not by accident.

The success of releases like “Squid Game,” “Parasite” and the boom of K-pop is no coincidence. It’s the result of South Korea’s decades-long investment in film, television and music. Today, Marketplace’s Kristin Schwab takes a look at how Korean entertainment has become a $10 billion economic powerhouse. Plus: A chat with Atlanta Fed President Raphael Bostic about expectations and reality in economic recovery; why recent employment numbers are subject to so much revision; and surprising Census stats show relocations at an historic low.

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