How come one person usually pays for everybody in Korea?

-Oh, I also thought that was very strange at first. I think the oldest person always picks up the bill.
- Well, you can consider (1)it just a part of Korean culture. However, (2)it's changing these days. Many young people like to pay individually. We also take turns paying.
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Q1: What does (1)it refer to?
Q2: what does (2)it refer to?
Does each 'it' refer to the same thing?

1 answer

In both places, the word "it" seems to refer to the custom that's described in the sentence just before. There is not one single word for each pronoun to refer to.
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