Mining Industry has Good & Bad Effects

Mining Industry has Good & Bad Effects

Assessment

Interactive Video

Business

University

Hard

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The video discusses Perth's economic landscape, highlighting the impact of Australia's mining boom, which has kept the country out of recession. However, this has led to a two-speed economy, with rising costs of living and stagnant wages for non-mining sectors. The high Australian dollar has made manufacturing less competitive, and tourism is struggling. A new mining tax aims to address economic disparities.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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