Why Australia is so rich? Australia's economy explained shortly

preview_player
Показать описание
Australia’s Economy had been on an incredible run, growing for nearly thirty years straight before 2020 pandemic. Unmatched by any advanced major economy.

In fact, the Economy of Australia only experienced two years of negative growth since the 1960s.

All of this fact are explained in this video about the Economy of Australia.

Рекомендации по теме
Комментарии
Автор

You forgot to mention the compulsory superannuation system which has changed Australia from being a capital importer with chronic current account deficits to a capital exporter with a fund of 3.4 trillion Au$

davidroach
Автор

Australia has abundant oil does it ? Which book of fairy tales are you using?

neddyladdy