New ZealandNew Zealand

By: Dylan DowBy: Dylan Dow

44thth Period Period

Capital: WellingtonCapital: Wellington

CurrencyCurrency

• 1 New Zealand dollar = 0.5095 U.S. 1 New Zealand dollar = 0.5095 U.S. dollarsdollars

ImportsImports

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

Imports ContinuedImports Continued

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

ExportsExports

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

Exports ContinuedExports Continued

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

EconomyEconomy

• New Zealand has a Market EconomyNew Zealand has a Market Economy• Advantages:Advantages:

• Buyers have freedom in what they buyBuyers have freedom in what they buy• Able to determine price of productsAble to determine price of products

• Disadvantages:Disadvantages:• More worker exploitationMore worker exploitation• Overproduction of goodsOverproduction of goods

InformationInformation

• Unemployment rate: 4%Unemployment rate: 4%

• GDP: $112.4 BillionGDP: $112.4 Billion

• GDP Per Capita: $27,200GDP Per Capita: $27,200

Major CompanyMajor Company

• AMP LimitedAMP Limited• They produce financial servicesThey produce financial services• They have been in business for 160 years, They have been in business for 160 years,

starting as a “starting as a “friendly societyfriendly society” since 1849.” since 1849.

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

Major Company ContinuedMajor Company Continued

• APN News & MediaAPN News & Media• They produce newspapers, online They produce newspapers, online

publishing, radio broadcasting, and outdoor publishing, radio broadcasting, and outdoor advertisements.advertisements.

• They have been in business for 146 years They have been in business for 146 years since 1863.since 1863.

Current Economy StateCurrent Economy State

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

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