Investigation of International Economies

The economies of the nations of the world are very different. There are developed and developing countries. Some countries have a lot of natural resources which they use in their primary industries, others have a large pool of labour and use this in their manufacturing and service industries.

Your task shall be to investigate the economy of one nation and to report on it in the following ways:

1. What natural resources does this nation have?
2. What sectors of the economy are the biggest employers?
3. How are economic decisions made? Who makes them?
4. Find out what the most important (largest) industry is in this nation. Is it more labour-intensive or capital intensive? Explain.
5. Does this nation use advanced technology in its economy? If so, provide an example.
6. What is one of the major economic problems faced by this nation (e.g.: unemployment, poverty, inflation, debt)? Explain how this problem effects this economy and what the government and/or businesses are doing to solve it.
7. In what ways is this nation's economy similar to and/or different to Australia's economy?