Australia's Mixed Market Economy

Words: 214
Pages: 1

The economy of Australia is mixed market economy. Australia has many natural resources like copper,gold,diamonds,coal,oil and iron. Natural resources are important to Australia because some people believe that Australia’s economy is resource dependent meaning that they will run out of natural resources and Australia will suffer. Australia discovered that their soil was very good for growing crops and producing food for raising livestock. Australia is like one big natural resource itself because it is an island. There are many natural resources in Australia. The natural resources in Australia are scattered all around the country. There are many coal mines on the east coast of Australia. One of Australia’s biggest natural resource is beef. Beef