Kōrero: Economic history

Industry shares in nominal GDP, 1920–2008

Industry shares in nominal GDP, 1920–2008

This graph shows how the contribution to gross domestic product (GDP) of different sectors of the economy changed during the 20th century. There was a marked decline in agriculture and this seems to have increased after the market reforms of the 1980s removed government support for farming. Manufacturing also declined relatively from 1980 as the protection of import controls was removed. The major growth came in the service sector, and especially in the finance and business services. This reflected a more developed economy with a high reliance on educationally based technical skills, and the growth of the tourist and creative industries.

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Te Ara - The Encyclopedia of New Zealand

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Source: Brian Easton, In stormy seas : the post-war New Zealand economy. Dunedin, Otago University Press, 1997

Ngā whakaahua me ngā rauemi katoa o tēnei kōrero

Te tuhi tohutoro mō tēnei whārangi:

Brian Easton, 'Economic history - Government and market liberalisation', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/mi/graph/24364/industry-shares-in-nominal-gdp-1920-2008 (accessed 7 December 2021)

He kōrero nā Brian Easton, i tāngia i te 11 Mar 2010