New Zealand's economy

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Written by:

Ashley T


Date added:

July 8, 2014








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3 / 792


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Some of the country’s natural energy resources include coal, natural gas and some oil reserves, geothermal fields, and climate conditions that are substantial for hydro-electric development. In 2007, power from renewable resources such as wind and water, accounted for 60% of total electricity production, and geothermal making up the rest of percentage, which makes New Zealand eco-friendly...
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One of the biggest parts of the economic sectors is service industries like financial services, transportation, tourism, etc. which makes up about two thirds of the GDP. New Zealand’s economy developed throughout decades, coming from agriculture based to free market economy, and this accomplishment started after World War II...
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