The Economy of Australia and Oceania Today. The Economy This region is remote, and the environment is challenging, the way people make their living is.

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Presentation transcript:

The Economy of Australia and Oceania Today

The Economy This region is remote, and the environment is challenging, the way people make their living is influenced by these factors

Agriculture ► #1 Economic Activity ► Australia- Stations  Giant ranches as large as 6000 Sq. Miles ► New Zealand-Graziers  Sheep  20x more livestock than people!

Agriculture Continued ► On Islands, Subsistence farming and fishing ► Rich Volcanic soil on some islands ► Copra-Dried Coconut meat ► Sugarcane, Cacao, Ginger

Mining and Manufacturing ► Australia: Leading Exporter of Diamonds, Gold, Bauxite, Opals, and Iron Ore  High Transportation Costs  Aboriginal Land Rights Limit where mining can occur ► New Zealand: Large aluminum smelting industry ► Papua New Guinea: Gold and Copper reserves recently discovered

Transportation

Transportation ► Australia and New Zealand have extensive Road Systems ► Few Roads in Australian Outback ► Road Trains ► Island countries are too small or too rugged or too poor for a good road system

Communications ► Geographic Conditions make Communications Difficult ► Cellular, Digital, and Satellite Communications are becoming common in some areas

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