The United States of America and Australia both have powerful economies that continue to experience economic growth annually. The two nations have similarities and differences in certain economic issues including: population, market structure and standard of living, which all contribute to the overall wealth of the countries. Population growth can impact an economic growth in various ways such as increasing job opportunities. Additionally, the standard of living is determined by a criteria of points and attracts foreigners to move countries. Lastly, both nations adopt mixed market economies which contribute greatly to the country's economic strength. Ultimately, the small variances in economic issues that the US and Australia face, enable them
Chile is found on the southern coast of South America. Its connected by the pacific ocean, Argentina, Bolivia and Peru. Its expanded in length and its narrow allowing it to stretch along South America. Chile is governned by the constution of 1981 so as Australia which the constution was drafted in 1890s and came into action in 1901. Both Australia and Chile have 3 branches of government which are the legislative branch, executive branch and judicial branch. Chile is particularly known as a representative democratic republic where as Australia is a constutional monarchy in which the queen is the head of the state. Both have multiparties which mainly acts like a two party system. They also have a bicameral
Canada and Australia are the same as the rich country and they have a strong economic, business background. Also both country gets resource mainly from agriculture,
Australia and China adopt very different economic systems in order to cater the best for their society. However, Australia's economic system is more successful than China's and, due to the writer's right-wing value system, will be measured in terms of environmental efficiency, labour and entrepreneurial resource efficiency and the standard of living.
Main Idea: In Chapter 15, Diamond examines the hemi continents of Australia and New Guinea, why they are ‘primitive’, and why Europeans succeeded to develop in one and not the other.
Studying in Iraq and studying in Australia are different in many ways but have some notable similarities. In terms of the differences, studying in Australia is much more expensive than studying in Iraq since the former is more developed than Iraq and therefore it required more hard works for students to have the ability for paying excess fees for studying in Australia. Moreover, students in Iraq may not be able to study as much as they can in Australia because of the psychological problems related to the hard political situations in Iraq. Another important difference in studying in these two different countries is the teacher’s attitude. In Iraq teachers are likely to be very strict with students; therefore, many times students do not prefer
The United States is a vast, diverse region that offers a wide range of economic opportunity. Since the United States is so big, there are a lot of differences between the economy in various regions, genders, and ethnic groups. Some of these variations in the economy are good creating a diverse economy with many different kinds of resources and goods. Some differences, however, are gaps between the poor, the rich, and different ethnicities that create economic gaps in the population. These gaps and diversities creates the United States fast-pace forever changing economy.
Obesity became one of the major health concerns in Australia. According to Malicdem (2015), teenagers in Australia were successful of avoiding bad habits such as consuming alcohol, smoking or drugs. However, obesity still remained as one of the major health problems. 27 percent of young Australians aged 12 to 24 were considered as overweight. In addition to this, the statistics showed low vegetable and fruit consumption. Only 10 percent of the population stated that they eat vegetables with 33 percent of fruit consumption rate.
Countries are different in one way or another, even if they were colonized by the same nation. America and Australia are prime examples of that fact. They aren’t just in different locations on a map, they have differences in their education systems too. In Australia, they have three major classifications of schools.
Australia is a small open economy situated in the South Pacific with a population of 24,012,901 (ABS 2016). Australia is classified as a mixed market economy because although the private market makes most economic decisions, government intervention modifies this behaviour through its legislative powers as this gives confindence to government powers to change economic decisions and make it a rule to the people of that country. The People’s Republic of China, with a population of 1.295 billion people (2003), when contrasted to Australia is a much larger economy with a Gross Domestic Product of US$1,000Billion more than Australia’s. China is located to the North of Australia in Asia.
The United states of America and Australia are very effective trading partners. They trade through the Australia-United States Free Trade Agreement, which is a preferential trade agreement that was signed on the 18th of may 2004, but came into effect on the 1st of January 2005. APEC is a trade organization that incorporates 21 nations within the Asia Pacific region, and is used to discuss matters between these nations. Australia and the US are a considerably large distance away from each other, promoting communication through a third source; Guam. Finally, the US has a very detailed demographic statistic, much due to
The immigration issue was utilized on both sides of the contention. Supporters of alliance contended that a focal government could make uniform immigration laws to keep non-white individuals out of the entire nation. They likewise called attention to that a solitary Australian country could have one huge guard constrain, which would be better ready to secure the landmass than six little safeguard strengths.
Australia starts from a position of strength. Just as our region has a lot to offer us,
It is really good example of Australian dollar as compare to U.S. Dollar. Currently, American $1 is equal to Australian 1 dollar 2 cent. It presents that American currency is more valuable as compare to Australian Dollar. It varies on the situation of the economy and exchange rates go up and down.
The US and Australian corporate backgrounds both differ in industry and company level. With respect to the former, differences are observed in the industry mix of firms characteristics across the two economies. Specifically, a greater concentration of mineral resources public companies is observable in Australian market. For instance, these firms constitute 26% of our sample for the period 2003-2013. With respect to the firm-level differences are also highlighted in both economies. For instance, Schultz et al. (2013) note that board of directors are normally both smaller and have a lower fraction of non-executive directors. Thus, many small resources companies listed on ASX are interested in hiring directors based on their skills and
New Zealand, a country with a population of more or less four million five hundred thousand and the Philippines, a country with a population of almost a hundred million are operating on a more or less equal Gross Domestic Product. Obviously there is a disparity in terms of per capita income between the two countries. The reason why I have cited the above information is because I wanted to emphasize the country-wide impact of trade for these two trading partner country. Yes, I know that neither country has anything to do with each other’s population but the fact still remains that the gigantic difference in population affects current and future trading between these two trading partner.