• 2026.11.11 (Wed)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
[등록] 2026-09-01 15:48:31
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
    • Pet Life
    • Halal Horizon
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Bong-seon's Photo Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > Business

The Lonely Demise of Jeonju's '10,000 Won Happiness Street': Community Neglect and Lost Dreams

Hwang Sujin Reporter / Updated : 2025-03-01 12:58:16
  • -
  • +
  • Print

Once a beacon of hope for revitalizing the local economy, Jeonju's '10,000 Won Happiness Street,' located near Nosongcheon Stream, has now faded into obscurity. Established in 2012 by the Jeonju City government to inject life into the Central Market area, the street aimed to offer visitors the flavors of Jeonju for just 10,000 won. A substantial investment of 747 million won was made to install sculptures, an outdoor stage, and other street enhancements. Initially, the street garnered attention with various events like charity drives and cultural performances. However, over time, the '10,000 Won Happiness Street' lost its vitality and spiraled into decline.

The primary issue lies in the erosion of the symbolic '10,000 won' concept due to high inflation and economic recession. Citizens can no longer enjoy a satisfying meal for 10,000 won, and the street has become merely a pathway to the Central Market. The sculptures and signboards at the street's entrance fail to capture attention, leaving the area eerily silent. In reality, few citizens visit the street, with only merchants guarding the empty space. Citizens seem either unaware of the street's existence or have forgotten its significance.

This citizen apathy has directly impacted the commercial district, leading to its collapse. Lee Min-hee, who has run a tripe restaurant for over a decade, lamented, "Customers stopped coming long before COVID-19, and recently, it's become difficult to sell anything under 10,000 won due to high prices." Baek Mo, who operates a Korean set meal restaurant, also expressed despair, saying, "As you can see from the 'For Sale' signs on the shops, this area is already dead."

The local government's indifference has further accelerated the street's decline. The department responsible for the street's creation no longer exists, and no efforts are being made to revitalize it. A Jeonju City official stated, "Currently, there is no one managing the 10,000 Won Happiness Street."

Urgent attention and effort from the local community are needed to prevent the '10,000 Won Happiness Street' from becoming a ghost town. The local government, merchants, and citizens must unite to breathe new life into the street. It is hoped that the '10,000 Won Happiness Street' will once again flourish as a vibrant space where citizens eagerly gather.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #globaleconomictimes
  • #글로벌이코노믹타임즈
  • #한국
  • #중기청
  • #재외동포청
  • #외교부
  • #micorea
  • #mykorea
  • #newsk
  • #nammidonganews
  • #singaporenewsk
Hwang Sujin Reporter
Hwang Sujin Reporter

Popular articles

  • From Kim Whanki to Pokémon Cards... Seoul Auction Opens the Floodgates

  • CGV Unveils October Tech Special Hall Lineup… From Films to K-Pop Live Concerts

  • November Shopping Festival Sparks Retail War in South Korea: Where to Find the Best Deals

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://www.globaleconomictimes.kr/article/1065585441025715 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • Hyundai Motor Deepens Tech Alliances with Samsung and Nvidia to Pioneer the Physical AI Era
  • G마켓 Expands Beyond Search: E-Commerce Giant Taps Creators for SNS Shopping
  • JTBC Initiates Formal Sale Process to Find a Strategic Buyer
  • Miky Lee Honored with Asian Hall of Fame’s Centennial Medal for Pioneering Global K-Culture
  • The Harsh Reality of K-Pop: Why Small Agency Idols Struggle to Survive Beyond Three Years
  • Regional Tourism in South Korea Struggles as Infrastructure Lags Behind Inbound Airport Growth

Most Viewed

1
US Army Conducts Rare Temporary Burial Drills to Prepare for Worst-Case Large-Scale War Scenarios
2
South Korea and Ethiopia Sign Trilateral MOU to Introduce Liquid-Based Cytology (LBC) Technology for Cervical Cancer Diagnosis
3
World Citizens are Flying Directly to Busan... The Era of 4 Million Foreigners is Just Around the Corner
4
Eating 100g of Baechu Kimchi Daily Linked to Lower High-Cholesterol Risks
5
From Kim Whanki to Pokémon Cards... Seoul Auction Opens the Floodgates
체리가든 스토리
nutri huevos
로타리
동포저널

Hot Issue

LG Electronics and Skyscanner Partner to Bring Smart Travel Planning to Living Rooms

Regional Tourism in South Korea Struggles as Infrastructure Lags Behind Inbound Airport Growth

Miky Lee Honored with Asian Hall of Fame’s Centennial Medal for Pioneering Global K-Culture

Fashion Runway Show 2026

Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • News K
  • 반달곰 프로젝트
  • 광고문의
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being 
    • 전체
    • Pet Life
    • Halal Horizon
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Bong-seon's Photo Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Overseas Koreans
  • Multicultural News