|The purpose of this research is to investigate the peer related social competence and learning related social skills which influence the basic learning skills of young children. This research f analyzes the relationships between basic learning skills of young children and peer related social competence and learning related social skills. As well, the research investigates the inter variables` relative contribution to basic learning skills. The subjects of this study were 152 young children consisting of 79 five-year-olds and 73 four-year-olds. Pearson`s correlation and multiple analysis regression were applied to the data analysis. The results are as follows. Firstly, there are statistically significant positive correlations between the basic learning skills of young children and peer related social competence and learning related social skills. Secondly, Sub-variables related to the whole set of basic learning skills are initiativity, prosociality, mastery and adaptability. Of these, adaptability was found to have the most significant influential effect on reading and arithmetic, while initiativity had the same effect on writing. In contrast, sociability is associated with the most negative effect on reading, writing and arithmetic.