Which statement most accurately describes the economic trends facing Australia during the 21st century? (1 point) Responses Industrial society is expanding and the amount of wealth generated from agriculture is non-existent. Industrial society is expanding and the amount of wealth generated from agriculture is non-existent. Agricultural society is expanding while the amount of wealth generated from Industrialization is shrinking. Agricultural society is expanding while the amount of wealth generated from Industrialization is shrinking. Industrial society is expanding, but the majority of the wealth is still generated from agriculture and mining. Industrial society is expanding, but the majority of the wealth is still generated from agriculture and mining. Equal wealth is generated between factory production and agricultural production.
1 answer
The statement that most accurately describes the economic trends facing Australia during the 21st century is:
"Industrial society is expanding, but the majority of the wealth is still generated from agriculture and mining."
This reflects the situation where while industrialization and services have grown, Australia continues to rely significantly on its agricultural and mining sectors for wealth generation.
