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New Zealand's Economy

Published on Dec 02, 2015

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PRESENTATION OUTLINE

1.

NEW ZEALAND

A MIXED ECONOMY
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2.

WHICH ECONOMIC SYSTEM IS NEW ZEALAND?

  • New Zealand is a mixed economy!
  • Trade freedom
  • Investment freedom
  • Financial freedom
  • Operates on free market principles
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3.

ECONOMIC STRENGTHS

  • Large share of aid to the poor
  • Good international trade systems
  • Reduced prices
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4.

ECONOMIC WEAKNESSES

  • International competition
  • Low petroleum levels (isolated from the rest of the world)
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5.

But how are the citizens affected?????

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6.

EDUCATION

  • Equality in insuring a good education
  • Safe learning experience and good recreational use of outdoors
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7.

HEALTHCARE

  • Free/ Low costs thanks to government
  • NZ residents can choose to take out medical insurance for private healthcare
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8.

UNEMPLOYMENT

  • Average 6.26%
  • All time high 11.2% in 1991
  • Record low of 3.5% in 2007
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9.

Wants are met because of the open market system much like the USA!!!!

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10.

GOVERNMENT ASSISTANCE

  • Family assistance
  • Financial assistance if you lose your job or can't work because illness
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Sera Heil