Australia’s Economy

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Recommended: Effects Of Global Warming On Agriculture

Australia is a stable, developed, democratic country even though it’s the
Smallest continent in the world. Australia has a mixed free market economy founded on agriculture, mining, and services. Australia has a strong economic trade with most of the Asia-Pacific countries. It lies between the Indian and Pacific Ocean.
Australia is in one of the fastest growing regions of the world. Its capital is Canberra and its largest city is Sydney. Australia has the population of 23 million people.

Australia’s agriculture has always been a major source of income for their people. Australia’s agriculture sectors earn more than $155 billion-a-year for a
12% share of GDP. Farmers and grazers in Australia own 136,000 farms that cover 61% of Australia’s land. In Australia there are three main farming zones.
The first zones are the high rain fall zone and the coastal zone these zones are used mostly for dairy and beef production. The second zones are the wheat and sheep zone and the grazing sheep zone these zones are used for growing winter crops and the production of wool, lamb, and mutton. The third zone is the pastoral zone it is used for grazing cattle and sheep and the production of wool and mutton. Australia’s major threat to agriculture are global warming.

On a global scale Australia wouldn’t be able to export as much beef as they do. It’s only because of their small population that allows a significant volume of beef to be exported yearly. Australia sells beef products to Korea, Japan, and
America. The beef industry in Australia is divided into two sections the northern and southern production systems. The reason they are divided into two systems is because different cattle breeds are inclined to different climate
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...om.au/industry/agribusiness/assets/Australian-Beef-Industry-Nov11.pdf

Wikipedia, the free encyclopedia (9 December 2013 ) retrieved from http://en.wikipedia.org/wiki/Agriculture_in_Australia#Major_agricultural_products

Wikipedia, the free encyclopedia (27 December 2013) retrieved from http://en.wikipedia.org/wiki/Mining_in_Australia

The authors are from Economic Analysis Department. (March 2013)The Business Services Sector. retrieved from http://www.rba.gov.au/publications/bulletin/2013/mar/1.html Restaurant & Catering Australia. (April 2011) ONE IN FOUR THE PERSONAL SERVICES SECTOR retrieved from http://www.restaurantcater.asn.au/file.php?id=835&open=yes

Facts and figures (N.D.) retrieved from http://www.studyinaustralia.gov.au/global/why-australia/facts-and-figures

Top 10 Restaurants of Australia(2011) retrieved from
http://www.top10restaurants.com.au/

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