Peak of Agriculture and Rise of Mining (1 janv. 1970 – 1 janv. 1989)

Description:

- Australia reaches record wool production of 890,000 tons produced in 1970, however, the reliance continues to affect the industry with internationally low demand.
- In 1973, agriculture is the prominent export industry for Australia, sharing 44% of exports, with minerals second at 17.4%, being the peak of agricultural exports.
- Mining investments picked up in the 1970s and increased through 1980s allowing expansion of the sector.
- By 1989, Australia became the world's top coal producer and became a major export, demonstrating the rise and potential of minerals.

Ajouté au bande de temps:

Date: