New zealand economy

what natural resources does this nation have?


natural gas,iron ore,sand,coal,timber,hydropower,gold,limestone








what sectors of the economy are the biggest employers?


the service sector








how are the economic deecisions made? who makes them?


new zealand is a market economy it depends on international trade





find out the largest industry in the nation,is it more labour intensive or capital intensive?


it is international trade and it is more capital intensive





does this nation use advanced technology in its economy?


new zealand uses alot of technology in its economy eg farming temperature





What is one of the major economic problems faced by this nation (e.g.: unemployment, poverty, inflation, debt)? Explain how this problem effects this economy and what the government and/or businesses are doing to solve it.

unemployment is historically low levels

brain drain

Foreign owners now control 41 per cent of new zealand sharemarket compared to 19 per cent in 1989.






In what ways is this nation's economy similar to and/or different to Australia's economy?

we have similar education levels.

we have small populatins.

we both depend mostly on international trade.