Discuss the beginning of economic development in Australia with the establishment of European colonies.

Discuss the beginning of economic development in Australia with the es

1.	Discuss the beginning of economic development in Australia with the establishment of European colonies.
Answer» Solution :With the coming of Europeans and establishment of their colonies in Australia, the process of economic development speeded up. • The Europeans established larger sheep-rearing farms. They kept and reared the sheep Marino. • They cleared FOREST for the development of agriculture. • Production of WHEAT was ENCOURAGED and large vineyards were established to encourage the wine industry. • Mining industry was ALSO encouraged which laid the FOUNDATION of prosperity of Australia.