The Korean flag, ⓐwhich is called the Taegeukgi, is rich in philosophical symbolism. Let me tell you what it means. The white background represents the land as well as peace. In the center lies a circle called taegeuk which means the people. ⓑIt is patterned after the taegeuk, or the yin and yang symbol. This image shows the opposites of nature - such as heaven and earth, fire and water, and day and night. These are not thought of as opposite to each other, ( ⓒ ) as two sides of the same coin.