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Why has the economy of new zealand has been showing strains because?
Wiki User
∙ 12y ago
The economic models we follow rely on inflation as the perpetual motion engine for their growth. As long as growth is possible this model may (and only may - not will) continue.
But in the long run we must not print dollar bills faster than we grow bushells of wheat. The Bankers would love to keep the inflation printing press warm - for otherwise they are out of a job- but providing non-productive jobs should not be an aim for society.
There are other inequalities, such as monopolies, companies having perpetual life, and so on, but these are also fed by the inflation machine.
But you must learn the conventional 'wisdom' of economics before you can seriously criticize it.
Wiki User
∙ 12y ago
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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 is the cost of goods and services in New Zealand during the great depression?
New Zealand suffered during the Great Depression because the New Zealand economy relies largely on exports. During the depression there was no demand for any of the products we have to export, and therefore there was no circulation of money.
What is the resource that makes one of the greatest contribution to new Zealand's economy?
dariy farming
Why is New Zealand?
There is another "Zealand" in the Netherlands. I believe New Zealand was named after that part of The Netherlands.
What are good essay questions about new zealand?
Assess the impact of natural disasters on New Zealand's economy and society. Assess the impact of industrialisation and white settlement on the Maori community.
Why has the economy of new zealand been showing strains?
the value of exports has declined because....
Is New Zealand a traditional economy?
NO. New Zealand is a modern capitalist economy.
How did the gold strike affect the economy of New Zealand?
It's affects because there is a gold that people get in working place and economy is getting less
Why are farmers so important in New Zealand's economy?
Because meat and dairy are our major exports.
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 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 is better for New England wood or brick?
brick. for it is a new and good to use for making building. Because New Zealand is fond of making building for economy.
Where does new zealand get its exports from?
From its internal economy. Manufacturing, agriculture, services etc.
What is the cost of goods and services in New Zealand during the great depression?
New Zealand suffered during the Great Depression because the New Zealand economy relies largely on exports. During the depression there was no demand for any of the products we have to export, and therefore there was no circulation of money.
What is the mixed econmomy in Russia?
This was suggested and started by Stalin. And it is still continuing. And today's countries like Austraila, New zealand and candada have mixed economy. Mixed economy is when market economy + planned economy.
Where can you buy The Hobbit the movie premiere tickets for the first showing in New Zealand?
at weta workshops
