The "Perfect" Little Economy of New Zealand | Economics Explained

The "Perfect" Little Economy of New Zealand | Economics Explained

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Interactive Video

Business, Social Studies

7th - 12th Grade

Hard

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New Zealand's economy is modest in GDP but excels in innovation, especially in agriculture. The country balances free market and government roles effectively, maintaining a budget surplus. Despite high taxes, New Zealand is a top business destination due to its efficient legal system and low corruption. However, immigration and property prices pose challenges, with many skilled workers moving to Australia.

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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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