Economy of New Zealand

The economy of New Zealand is like a big piggy bank, where people save and spend their money. When people have money, they go and buy things they need, like food, clothes, and toys. They can also save their money in the bank, and the bank can use that money to give loans to other people who need it.

New Zealand makes most of its money by selling things to other countries. For example, it sells a lot of meat, dairy products, and wine to other countries. This makes New Zealand's economy like a big store, where it sells things to people who live in other countries.

New Zealand also has businesses that make things like cars, electronics, and furniture. These businesses make money by selling their products to people who live in New Zealand and other countries.

The government of New Zealand helps the economy by making rules that protect people and businesses. It also helps to build things like roads, schools, and hospitals, which helps businesses and people to get around and grow.

Sometimes, things happen in the world that can affect New Zealand's economy. For example, when many people in other countries lose their jobs, they may not have as much money to buy things from New Zealand, which can hurt the economy.