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NO. New Zealand is a modern capitalist economy.

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Q: Is New Zealand a traditional economy?
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Is New Zealands economy mainly industrial?

No. New Zealand's economy is mainly agricultural.


The economy of New Zealand relies primarily on what?

New Zealand's economy has received recent boosts from good weather combined with high prices for their exports. Good weather has also helped crops, which gave a boost to the economy.


What are some things traditional New Zealand people do in ceremonies?

Powhiri is a traditional New Zealand welcome. During these ceremonies there are speeches, dancing, and singing. This ceremony is used to welcome visitors.


What is the traditional home of New Zealand maoris?

A whare was the traditional house . The 'village' was the pa or marae.


What is the nature of the economy of New Zealand?

New Zealand is a small group of islands to the east of Australia. It has a mixed economy. Traditionally New Zealand could be describes as an economy based on farm products. This nation has expanded from that to host more industry to better compete on a global basis. Exports of New Zealand include dairy products, machinery and wood products. It also export meat products.


What traditional British sports are played in New Zealand?

Soccer and rugby


How have changes in world trade patterns affected new zealand economy?

The creation of the EU has forced New Zealand to search out new markets for their products. New Zealand has turned increasingly to Asia and the United States for trade...


Where does new zealand get its exports from?

From its internal economy. Manufacturing, agriculture, services etc.


What new zealand natural resource brings the most money back into new zealands economy?

Marijuana


What is the resource that makes one of the greatest contribution to new Zealand's economy?

dariy farming


During what decade of the twentieth century did Australia and New Zealand decide to dramatically reduce government intervention and regulation of the economy?

Is was the 1980s when Australia and New Zealand significantly minimized government intervention in the economy. The same was true for the United States.


Are there any countries that had a traditional economy but now have a market economy?

Burkina Faso, Papua New Guinea, Bhutan