Comparing Economic Development

While researching the economic development within Australia, it seems that the most similar country to use in order to compare it with Australia would be New Zealand. Overall, the two countries have a good amount of economic development topics in common. For instance, they both have very few if any Fortune 500 companies, and both of their citizens & governments agree with a switch towards green energy throughout their lands. Many of their newer legislations have been towards creating a more environmentally friendly country (working to fix past environmental issues), and many of their larger companies create different forms a green energy like wind & power. 

Upon comparing them, I found only a few differences that the two have. While both countries were colonized by the British in the 1600's and 1700's, they both still industrialized slightly differently. You see, after industrializing, Australia historically used coal & natural gas as sources of production where New Zealand used more of their natural land resources as forms of production: like becoming more advanced in agriculture (using items like dairy, wool, and meat), and also largely using wood. Lastly, since Australia does not have a very large population meaning that they don't expand into most of their land they have maintained their biodiversity pretty well, but New Zealand has used much of their land and because of this they have lowered their biodiversity.