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Why is New Zealand so rich?

Why is New Zealand so rich?

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Asked by Howard Reyes, Last updated: Nov 12, 2024

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J. Harty

J. Harty

Have keen interest in writing, traveller by heart.

J. Harty
J. Harty, Writer, M.A, Chula Vista

Answered Apr 24, 2019

New Zealand today, is regarded as one of the most prosperous countries in the world. Many people always wonder how New Zealand which is very small in population has been able to attain such robust economy. On the contrary, their progress doesn't live in the fact that they have a very small population but that they are able to maximize the little resources they have into making some diversification into agriculture, manufacturing and forestry.

New Zealand today, is regarded as one of the most prosperous countries in the world. Many people
Agriculture forestry, viticulture are major sources of revenue for New Zealand. Also they do export their dairy products into other countries. Presently, the country has 6.9 million cows. Their manufacturing sector is another source of revenue, the home demand for cars alone is exceedingly high let alone what they export to other countries.

New Zealand is also blessed with amazing landscape and natural wonders that appeal greatly to one's eyes. Tourists use to visit New Zealand in their folds just to catch a glimpse of those natural endowments

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