UNIT 10: SOUTHEASTN ASIA, OCEANIA AND AUSTRALIA. ECONOMIC ACTIVITY. Economic Activities: Oceania.
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The main islands of Oceania lack resources and are made up of poor soil. Only New Caledonia (nickel, chromium, iron), New Guinea (copper, gold, oil), Nauru (phosphate) and both Fiji and Solomon Islands (gold) have some mineral resources.
The people of Cambodia, Myanmar, Laos and Vietnam depend of crops such as rice for its livelihood. Myanmar is also heavily forested and produces much of the world’s teak (wood known for its durability). Vietnam was devastated because of the war and most of its workforce fled elsewhere leaving its industry in shambles.
ASEAN, or the Association of Southeast Asian Nations, comprised of Brunei, Indonesia, Malaysia, Philippines, Singapore and Thailand, promote economic growth and peace. Their main focus is the production of textiles, clothing and electronic products. In Singapore, finance is an important service industry. In Brunei, wealth comes from petroleum and natural gas .
Both nations depended the wool industry but since its decline have had to look to develop other industries.
New Zealand makes most of its money selling butter, cheese, meat and wool. Ranching outnumbers the population of people by 15 times and consists of mainly sheep and cattle. They are also the world’s largest producer of the kiwi fruit. Wood and paper products can also be found in the forest areas.
Australia earns part of its income from mining and is the world’s top producer of diamonds, lead, zinc and opals. It is also a major producer of bauxite, coal, copper, gold and iron ore. Sheep ranching is also a huge part of its economy.