The Korean War ended with an armistice in 1953 due to a military stalemate and international pressure. The war had a high human cost and economic costs exceeding $1 trillion. It led to a continued division of Korea and shaped the geopolitical landscape of East Asia for decades.
The Korean War began in 1950 when North Korean forces crossed the 38th parallel into South Korea, leading to a United Nations-led military intervention to support South Korea.
However, the war reached a stalemate by 1951 with little territorial gain made by either side. International pressure, including the threat of Chinese intervention and Soviet diplomatic efforts, led to negotiations for a ceasefire. It was only after two years of negotiations that the armistice agreement was signed on July 27, 1953.
The human cost of the war was significant, with an estimated 2.5 million civilian and military casualties. Many Koreans were displaced from their homes, with families separated by the border between North and South Korea. The economic cost of the war exceeded $1 trillion in today's currency, and the division of Korea had significant political implications, shaping the geopolitical landscape of East Asia for decades to come.
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