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Economic History Of Australia
The economic history of Australia traces the economic history of Australia since European settlement in 1788. 1788–1821 The European settlement of Australia began on 26 January 1788 at Port Jackson (modern Sydney, New South Wales), when the First Fleet arrived with more than 1,000 convicts, marines and a few free settlers, plus a vast quantity of stores to establish a penal colony in New South Wales. The United Kingdom claimed all of eastern Australian as its territory on the basis of terra nullius, though the actual landing and consequent settlement was initially confined to the Port Jackson area. According to the first census of 1788, as reported by Governor Phillip to Lord Sydney, the Home Secretary, the white population in the colony was 1,030, of which 753 were convicts and their children; the colony also had 7 horses, 2903 sheep, 749 swine, 6 rabbits, and 754 cattle. The Indigenous population was not counted or estimated, nor reported at that point. More settlers ca ...
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GDP Per Capita Development In Australia And New Zealand
Gross domestic product (GDP) is a money, monetary Measurement in economics, measure of the market value of all the final goods and services produced and sold (not resold) in a specific time period by countries. Due to its complex and subjective nature this measure is often revised before being considered a reliable indicator. List of countries by GDP (nominal) per capita, GDP (nominal) per capita does not, however, reflect differences in the cost of living and the inflation, inflation rates of the countries; therefore, using a basis of List of countries by GDP (PPP) per capita, GDP per capita at purchasing power parity (PPP) may be more useful when comparing standard of living, living standards between nations, while nominal GDP is more useful comparing national economies on the international market. Total GDP can also be broken down into the contribution of each industry or sector of the economy. The ratio of GDP to the total population of the region is the GDP per capita, p ...
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Britannia (1783 Whaler)
''Britannia'' was a 301 burthen ton full-rigged whaler built in 1783 in Bridport, England, and owned by the whaling firm Samuel Enderby & Sons. She also performed two voyages transporting convicts to Port Jackson. She was wrecked in 1806 off the coast of New South Wales. Career First convict voyage Under the command of Thomas Melvill (not Melville), ''Britannia'' was one of 11 ships that departed from the United Kingdom in early 1791 as part of the Third Fleet, bound for the Sydney penal settlement. ''Britannia'' departed Portsmouth, England, on 27 March 1791 and arrived in Sydney Cove on 14 October 1791. She embarked 150 prisoners, of whom 21 died during the course of the voyage. First whaling voyage She afterwards went whaling in the South Seas, leaving on 24 October. She returned to Port Jackson on 10 November. On her first day out she was in company with ''William and Mary''. They killed seven whales, but were only able to retrieve two. ''Britannia''s share of the takings ...
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Lachlan Macquarie
Major-general (United Kingdom), Major General Lachlan Macquarie, Companion of the Order of the Bath, CB (; gd, Lachann MacGuaire; 31 January 1762 – 1 July 1824) was a British Army officer and colonial administrator from Scotland. Macquarie served as the fifth Governor of New South Wales from 1810 to 1821, and had a leading role in the social, economic, and architectural development of the colony. He is considered by historians to have had a crucial influence on the transition of New South Wales from a penal colony to a free settlement and therefore to have played a major role in the shaping of Australian society in the early nineteenth century. Early life Lachlan Macquarie was born on the island of Ulva off the coast of the Isle of Mull in the Inner Hebrides, a chain of islands off the West Coast of Scotland. His father, Lachlan senior, worked as a carpenter and miller, and was a cousin of a Clan MacQuarrie chieftain. His mother, Margaret, was the sister of the influential Cla ...
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New South Wales Corps
The New South Wales Corps (sometimes called The Rum Corps) was formed in England in 1789 as a permanent regiment of the British Army to relieve the New South Wales Marine Corps, who had accompanied the First Fleet to Australia, in fortifying the Colony of New South Wales. It gained notoriety for its trade in rum and disobedient behaviour during its service and was disbanded in 1818. History Formation The regiment was formed in England in June 1789 as a permanent unit to relieve the New South Wales Marine Corps, who had accompanied the First Fleet to Australia. The regiment began arriving as guards on the Second Fleet in 1790. The regiment, led by Major Francis Grose, consisted of three companies numbering about 300 men. Although drafts were sent from Britain to reinforce the regiment throughout its time in Australia, full strength was never to exceed 500. A fourth company was raised from those Marines wishing to remain in New South Wales under Captain George Johnston, who ...
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Philip Gidley King
Captain Philip Gidley King (23 April 1758 – 3 September 1808) was a British politician who was the third Governor of New South Wales. When the First Fleet arrived in January 1788, King was detailed to colonise Norfolk Island for defence and foraging purposes. As Governor of New South Wales, he helped develop livestock farming, whaling and mining, built many schools and launched the colony's first newspaper. But conflicts with the military wore down his spirit, and they were able to force his resignation. King Street in the Sydney CBD is named in his honour. Early years and establishment of Norfolk Island settlement Philip Gidley King was born at Launceston, England on 23 April 1758, the son of draper Philip King, and grandson of Exeter attorney-at-law John Gidley. He joined the Royal Navy at the age of 12 as captain's servant, and was commissioned as a lieutenant in 1778. King served under Arthur Phillip who chose him as second lieutenant on HMS ''Sirius'' for the exped ...
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Means Of Exchange
In economics, a medium of exchange is any item that is widely acceptable in exchange for goods and services. In modern economies, the most commonly used medium of exchange is currency. The origin of "mediums of exchange" in human societies is assumed to have arisen in antiquity as awareness grew of the limitations of barter. The form of the "medium of exchange" follows that of a token, which has been further refined as money. A "medium of exchange" is considered one of the functions of money. The exchange acts as an intermediary instrument as the use can be to acquire any good or service and avoids the limitations of barter; where what one wants has to be matched with what the other has to offer. Most forms of money are categorised as mediums of exchange, including commodity money, representative money, cryptocurrency, and most commonly fiat money. Representative and fiat money most widely exist in digital form as well as physical tokens, for example coins and notes. Overcomi ...
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Napoleonic Wars
The Napoleonic Wars (1803–1815) were a series of major global conflicts pitting the French Empire and its allies, led by Napoleon I, against a fluctuating array of European states formed into various coalitions. It produced a period of French domination over most of continental Europe. The wars stemmed from the unresolved disputes associated with the French Revolution and the French Revolutionary Wars consisting of the War of the First Coalition (1792–1797) and the War of the Second Coalition (1798–1802). The Napoleonic Wars are often described as five conflicts, each termed after the coalition that fought Napoleon: the Third Coalition (1803–1806), the Fourth (1806–1807), the Fifth (1809), the Sixth (1813–1814), and the Seventh (1815) plus the Peninsular War (1807–1814) and the French invasion of Russia (1812). Napoleon, upon ascending to First Consul of France in 1799, had inherited a republic in chaos; he subsequently created a state with stable financ ...
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British Government
ga, Rialtas a Shoilse gd, Riaghaltas a Mhòrachd , image = HM Government logo.svg , image_size = 220px , image2 = Royal Coat of Arms of the United Kingdom (HM Government).svg , image_size2 = 180px , caption = Royal Arms , date_established = , state = United Kingdom , address = 10 Downing Street, London , leader_title = Prime Minister (Rishi Sunak) , appointed = Monarch of the United Kingdom (Charles III) , budget = 882 billion , main_organ = Cabinet of the United Kingdom , ministries = 23 ministerial departments, 20 non-ministerial departments , responsible = Parliament of the United Kingdom , url = The Government of the United Kingdom (commonly referred to as British Government or UK Government), officially His Majesty's Government (abbreviated to HM Government), is the central executive authority of the United Kingdom of Great Britain and Northern Ireland.
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Tasmania
) , nickname = , image_map = Tasmania in Australia.svg , map_caption = Location of Tasmania in AustraliaCoordinates: , subdivision_type = Country , subdivision_name = Australia , established_title = Before federation , established_date = Colony of Tasmania , established_title2 = Federation , established_date2 = 1 January 1901 , named_for = Abel Tasman , demonym = , capital = Hobart , largest_city = capital , coordinates = , admin_center = 29 local government areas , admin_center_type = Administration , leader_title1 = Monarch , leader_name1 = Charles III , leader_title2 = Governor , leader_name2 ...
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Hobart
Hobart ( ; Nuennonne/Palawa kani: ''nipaluna'') is the capital and most populous city of the Australian island state of Tasmania. Home to almost half of all Tasmanians, it is the least-populated Australian state capital city, and second-smallest if territories are taken into account, before Darwin, Northern Territory. Hobart is located in Tasmania's south-east on the estuary of the River Derwent, making it the most southern of Australia's capital cities. Its skyline is dominated by the kunanyi/Mount Wellington, and its harbour forms the second-deepest natural port in the world, with much of the city's waterfront consisting of reclaimed land. The metropolitan area is often referred to as Greater Hobart, to differentiate it from the City of Hobart, one of the five local government areas that cover the city. It has a mild maritime climate. The city lies on country which was known by the local Mouheneener people as nipaluna, a name which includes surrounding features such as ...
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Baleen
Baleen is a filter-feeding system inside the mouths of baleen whales. To use baleen, the whale first opens its mouth underwater to take in water. The whale then pushes the water out, and animals such as krill are filtered by the baleen and remain as a food source for the whale. Baleen is similar to bristles and consists of keratin, the same substance found in human fingernails, skin and hair. Baleen is a skin derivative. Some whales, such as the bowhead whale, have longer baleen than others. Other whales, such as the gray whale, only use one side of their baleen. These baleen bristles are arranged in plates across the upper jaw of whales. Depending on the species, a baleen plate can be long, and weigh up to . Its hairy fringes are called baleen hair or whalebone hair. They are also called baleen bristles, which in sei whales are highly calcified, with calcification functioning to increase their stiffness. Baleen plates are broader at the gumline (base). The plates have b ...
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Whale Oil
Whale oil is oil obtained from the blubber of whales. Whale oil from the bowhead whale was sometimes known as train oil, which comes from the Dutch word ''traan'' ("tears, tear" or "drop"). Sperm oil, a special kind of oil obtained from the head cavities of sperm whales, differs chemically from ordinary whale oil: it is composed mostly of liquid wax. Its properties and applications differ from those of regular whale oil, and it was sold for a higher price. Source and use Emerging industrial societies used whale oil in oil lamps and to Soap#History, make soap. In the 20th century it was made into margarine. With the commercial development of the petroleum industry and vegetable oils, the use of whale oils declined considerably from its peak in the 19th century into the 20th century. This is said to have saved whales from extinction. In the 21st century, with most countries having banned whaling, the sale and use of whale oil has practically ceased. Whale oil was obtained by ...
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