The Country Australia, Essay Example

The country Australia is an agrarian and industrial country which has a highly diversified and a well-developed economy. The country has a high potential for technology and scientific research. Australia is the part of the Economic Development and Cooperation Organization (OECD) and ranks at 12 place among the OECD members.  The official language of Australia is English. Its capital is Canberra and its major cities include Melbourne, Sydney Brisbane, Perth and Adelaide. The major religion of Australia is Christianity and this accounts for 60% of the whole population. The culture of Australia is basically a Western Culture due to the uniqueness of the geography of Australia. One of the main indicator of the attractiveness of this country is the living standard of its people. In the past years, the country has done a lot of economy restructuring. This is due to the basic changes of structure to have a significant investment of capital flow in the economy especially in the energy and the mining sector. As these sectors play a crucial role in the Australian economy. In this country, there is a robust potential for research in new technologies and also the economic growth stability. The country has vast reserves of mineral and energy resources such as natural gas, oil, iron, manganese, natural gas, coal, bauxite and uranium which help fulfil the needs of its electrical, automobile, chemical and metallurgical industries.  The major contribution in the economy of Australia is due to technology research and science. This innovation and advancement in technology have lead them enhance the education, health and various other parts of the economy. Australian economy has been persistently growing for the last 17 years until the emergence of the financial global crisis. Presently, the government of Australia is more focused on enhancing the performance of economy of the country to make sure the continuation of a sustainable economic growth in the future. To sum up, Australia is a great country for entrepreneurs for investment.