Due to the high demand for these primary products, manifested by the New Zealand wool boom of 1951, New Zealand had one of the highest standards of living in the world for 70 years.

For example, from 1920 to the late 1930s, the dairy export quota was usually around 35% of New Zealand's total exports, and in some years made up almost 45%. These products became New Zealand's staple and most valuable exports, underpinning the success of the economy, from the 1850s until the 1970s. Forestry exports are an important component of New Zealand's economy.ДЇor many years New Zealand's economy was built on a narrow range of agricultural products, such as wool, meat and dairy. The New Zealand dollar is the 10th-most traded currency in the world. New Zealand's currency, the New Zealand dollar (informally known as the 'Kiwi dollar') also circulates in four Pacific Island territories. As of FebruaryВ 2014, NZX had a total of 258 listed securities with a combined market capitalisation of NZD $94.1 billion. The major capital market is the New Zealand Exchange (NZX). The information technology sector is growing rapidly. The primary sector continues to dominate New Zealand's exports, despite accounting for only 6.5% of GDP as of 2013. Mining, manufacturing, electricity, gas, water, and waste services accounted for 16.5% of GDP as of 2013. Large-scale manufacturing industries include aluminium production, food processing, metal fabrication, wood and paper products. New Zealand's diverse economy has a sizable service sector, accounting for 63% of all GDP activity as of 2013. New Zealand's 1983 Closer Economic Relations agreement with Australia means that the economy aligns closely with that of Australia. The country has one of the most globalised economies and depends greatly on international trade вЂ“ mainly with Australia, Canada, China, the European Union, Japan, Singapore, South Korea and the United States. New Zealand has a large GDP for its population of 5 million, and sources of revenue are spread throughout the large island nation. It is the 52nd-largest national economy in the world when measured by nominal gross domestic product (GDP) and the 63rd-largest in the world when measured by purchasing power parity (PPP). The economy of New Zealand is a highly developed free-market economy.

He said he still hoped the company could salvage some or all of the spent rocket booster, despite it getting dunked in salt water which they'd hoped to avoid.All values, unless otherwise stated, are in US dollars. He said a detailed analysis should reveal the reasons for the discrepancy in the load characteristics. They just didn't like the way the load was feeling,вЂќ Beck said of the helicopter crew in a conference call after the launch.

Still, Beck hailed the mission as a success, saying that almost everything went to plan and that the unexpected load issue was a tiny detail which would soon be fixed, a вЂњnothing in the scheme of things.вЂќ The roller coaster of emotions was caught in a livestream of the event, with people at mission control cheering and clapping as the rocket was caught, only to let out a collective gasp and sigh about 20 seconds later. The crew caught the rocket but the load on the helicopter exceeded the parameters from tests and simulations, so they jettisoned it again. That's when the helicopter crew sprang into action, dangling a long line with a hook below the helicopter to snag the booster's parachute lines.

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