Economy in Australia
What is Australia’s currency called
Australian Dollars
What is one of Australia’s biggest trade partners?
USA, India, China, Japan, South Korea
What is the primary effect of droughts in Australia on its agricultural industry?
Droughts reduce crop growth and livestock productivity, leading to economic losses in agriculture
What is the name of the plan Australia is applying to reduce climate change?
Net Zero
What is Australia’s financial hub, housing the Australian Stock Exchange?
Sydney
How much money does Australia make with trade?
How does climate change impact Australia’s tourism industry?
Climate change causes environmental degradation, which affects tourist appeal.
One of the things the plan wants to achieve?
What are the major industries or economic sectors in Australia?
Agriculture, mining, services, and manufacturing.
What are the economic consequences of increasing bushfires in Australia due to climate change?
Increased bushfires lead to property damage, higher insurance costs.
One of the key sectors in the plan?
Austrlaia’s GPD?
1.7 Trillion
How does rising sea level pose a threat to Australia’s economy?
Rising sea levels can reduce tourism and displace business and communities.
By when should Carbon dioxide emissions be reducing, according to the plan?
2050
In what ways do climate policies affect Australia’s coal and mining exports?
Climate policies can reduce the number of fossil fuel sources.
Who is promoting the plan?
The government