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Officially known as the Commonwealth of Australia, Australia is a vast island country consisting of the mainland portion of Australia’s continent and Tasmania as well as numerous smaller islands. As Oceania’s largest nation and sixth-largest globally, Australia’s economy is highly industrialized and diverse – its main industries being mining, food processing and manufacture of machinery and transport equipment as well as chemicals, iron & steel manufacturing, textile production and textile export. Raising cattle and sheep, cultivating grains as well as sugarcane cultivation for tropical fruit cultivation activities represent significant economic activities that contribute significantly towards its gross domestic product – alongside raising cattle/ sheep or cultivating grains as significant economic activities for contributing greatly towards gross domestic product.

Australia boasts a coastline lined by coral reefs and has extensive offshore petroleum deposits. As a net exporter of natural resources, its main mineral assets are coal, bauxite and uranium while iron ore, gold tin silver are among other key non-mining exports from Australia. Furthermore, significant deposits exist of sandstone limestone gypsum coal accounting for roughly half its energy needs while hydroelectricity, nuclear power generation are other forms of electricity generation while natural gas supplies also exist throughout its borders.

Australian aboriginal inhabitants are organized into over five hundred tribal groups. Over fifty thousand years, they have created an intricate culture. While European diseases and colonist actions nearly decimated Australia’s native population shortly after settlement began, its numbers rebounded quickly over time. Australia played an active role in both world wars against Germany while later working to develop projects with Asian neighbors.