New Zealand Economy

New Zealand Economy

Australia and Oceania
From an agricultural to an industrial state While New Zealand was still a purely agricultural state in the 1980s, it has now developed into an industrial state that exports many goods. However, the agricultural products are still among the country's most important export goods. Eight percent of the gross domestic product (GDP) is generated through agriculture. Livestock breeding in particular plays a major role here. New Zealand was and is the land of sheep. Not so long ago there were seven sheep for every New Zealander, in the past there were even more, today the sheep are disappearing, but there are still many more than residents. Keeping cows is also a problem for the environment But now there are more and more cows because the dairy industry is growing. Not…
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