New Zealand By: Dylan Dow 4 th Period

Capital: Wellington

Currency 1 New Zealand dollar = 0.5095 U.S. dollars

1 New Zealand dollar = 0.5095 U.S. dollars

Imports Aircrafts/vehicles – Australia, United States, Japan, China, U.K.

Aircrafts/vehicles – Australia, United States, Japan, China, U.K.

Imports Continued Petroleum – Australia, United States, Japan, China, Singapore, Germany

Petroleum – Australia, United States, Japan, China, Singapore, Germany

Exports Fish - Australia, United States, Japan, China, U.K.

Fish - Australia, United States, Japan, China, U.K.

Exports Continued Wood - Australia, United States, Japan, China, U.K.

Wood - Australia, United States, Japan, China, U.K.

Economy New Zealand has a Market Economy Advantages: Buyers have freedom in what they buy Able to determine price of products Disadvantages: More worker exploitation Overproduction of goods

New Zealand has a Market Economy

Advantages:

Buyers have freedom in what they buy

Able to determine price of products

Disadvantages:

More worker exploitation

Overproduction of goods

Information Unemployment rate: 4% GDP: $112.4 Billion GDP Per Capita: $27,200

Unemployment rate: 4%

GDP: $112.4 Billion

GDP Per Capita: $27,200

Major Company AMP Limited They produce financial services They have been in business for 160 years, starting as a “ friendly society ” since 1849. A friendly society is a mutual association for insurance, pensions or savings and loan type purposes, or cooperative banking.

AMP Limited

They produce financial services

They have been in business for 160 years, starting as a “ friendly society ” since 1849.

A friendly society is a mutual association for insurance, pensions or savings and loan type purposes, or cooperative banking.

Major Company Continued APN News & Media They produce newspapers, online publishing, radio broadcasting, and outdoor advertisements. They have been in business for 146 years since 1863.

APN News & Media

They produce newspapers, online publishing, radio broadcasting, and outdoor advertisements.

They have been in business for 146 years since 1863.

Current Economy State The economy of New Zealand has been in a recession since 2008. A recession is when the state of the economy declines for 2 or more quarters in a year.

The economy of New Zealand has been in a recession since 2008.

A recession is when the state of the economy declines for 2 or more quarters in a year.