[[Australia]] is a developed country with a capitalist economy. It has a very small population compared to other Western countries like the [[USA]] and the [[UK]] but despite this it is in the top 15 countries by Gross Domestic Product (a measure of wealth of a nation). | [[Australia]] is a developed country with a capitalist economy. It has a very small population compared to other Western countries like the [[USA]] and the [[UK]] but despite this it is in the top 15 countries by Gross Domestic Product (a measure of wealth of a nation). |