Under what economic circumstances are weat present ? It is too shocking a chance to ascribe its cause to merely by accident. Who can have imagined being forced to be supported by I.M.F. just on the eve of the age of the national annual income per capita $ 10,000, the number of cars 10,000,000, and the number of houses 10,000,000 ? The hands of a clock in Korean history has been turned ten years backwards. For the past six months of I.M.F. system our everyday life has been completely changed. Our living standard has become that of ten years ago just as a reel of film is forced to be rewound speedily. A simple dream of the age of the national annual income per capita $ 10,000 has in a moment been transformed into a disappointing dream of the age of $ 6,000, the level at the end of the eighties. What with mass unemployment, high prices of commodities, salary reduction and slump in prices of houses, national assets has dwindled just as it has thawed. Accordingly, such myths as full employment, lifelong jobs and real estate myth, by-products of high-degree growth have disappeared. If we should fail in restructuring government and industries, it will result in: unchangeable national annual income per capita $ 5,000, economic growth rate munus or 1% level, high prices of commodities increasing by more than 5%, high unemployment rate 7% or so. If we fail in or delay our restructuring them, it is hard for us to look on the brighter side of our economic situations. It is reported that we have been suffering from the worst economic crisis after Korean War, that is, we are now leading our lives supported by I.M.F. In consequence, the purpose of this study is to present some ways to reinforce national competitiveness derived from a frontier spirit of industrial design pioneers, which I believe can be the Wisdom of Solomon` with which we can tide over national economic crisis and survive the cold wave. Besides, at present when we are being supported by I.M.F., this study in pursuit of beauty from the small` trying to think small, not big, is intended to present some ways as a philosophy of design so as to overcome the tide of being forced to be supported by I.M.F. The followings are demonstrated according to the purpose of this study: First, as far as historical backgrounds of industrial design and pioneers` frontier spirit are concerned, they are analyzed focusing on how the United States of America tided over international economic panics occurring in the twenties. Second, as far as the pursuit of the turning point of industrial design is concerned, they are throughly investigated and analyzed centering around the standpoints of ergonomics and ecology of industrial design. Third, in other to inspire self-confidence of we-can-do-it keeping it in mind that national competitiveness wholly depends upon design. I would like to emphasize the importance of industrial design attaching importance to the settlement of the questions. Why does national economy or existence of enterprises depend on design ? Why do we have to compete with other countries in design ?