Australia has a very strong economy that has seen many highs and lows in the past few decades. The main characteristics for Australia is free market but it still categories as mixed economy system which that is a successful phenomenon, Western market economy where the GDP is high and the rate of poverty is low. Australia is phenomenal and this country is among the first five developed countries of the world. There are four main component of the Australian economic system which had finance, manufacturing, services and trade. (Australia on Net) The main economy for Australia is control by service sector, although the agricultural and mining sectors account for 57% of the nation’s exports.
The Australian economy is dominated
The Australian economy is dominated