lower inflation. The government is also putting money into small and medium-sized companies to help with cash flow. Many preparations go into celebrating the Korean New Year. During the first morning, Koreans pay their respect towards their ancestors. Traditional foods are placed on a table as an offering to the ancestors, and a rite begins with deep bows from all family members. This is a sign of respect and a very important practice on the first day of the New Year in Korea. It is also where they pray for the well-being of all the family members. Many Koreans dress up in colourful traditional Korean clothing called , usually worn for special occasions such as weddings, Korean New Year, child's first birthday, amongst others. However, with modernization and evolving mores in the culture, more people tend to prefer westernized, modern clothing to the . After the rite, the members have a big feast. Additionally, Koreans follow a zodiac that is identical to the Chinese zodiac. 12 animals represent the 12 years in sequential order with the rat/mouse representing the first year. Buddha is believed to have invited animals from all over the world to visit, to which only 12 visited. In return, he honoured them by naming the years in the order that they arrived. Koreans believe that specific zodiac animals bring specific resources and qualities. For example, the year 2014 was the year of the horse, and it was considered a good year in the money and career aspect of life. It is said that a person born in a specific zodiacal year will carry that zodiac animal's characteristics. As a result, Koreans plan their year and activities around it to have a good, prosperous year. Parents may have even planned the birth year of their child, so the child may have a specific characteristic. Another custom observed is the lighting of a "moon house" built from burnable firewood and branches. This symbolizes the warding off of bad/evil spirits for the new year. Many also choose to add wishes they want to come true in the next year to the moon house. () is a ritual of filial piety that is traditionally observed on . Dressed in traditional clothing, people wish their elders (grandparents, parents and aunts and uncles) a happy new year by performing a deep traditional bow (rites with more than one bow involved are usually for