- Write me a paragraph on Australia's Social Economics.
*(Do not just c + paste it here)
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The Australian economy is dominated by its service sector, comprising 62.7% of the GDP and employing 78.8% of the labour force in 2017.[6] Australia has the tenth-highest total estimated value of natural resources, valued at US$19.9 trillion in 2019.[35] At the height of the mining boom in 2009–10, the total value-added of the mining industry was 8.4% of GDP.[36] Despite the recent decline in the mining sector, the Australian economy had remained resilient and stable[37][38] and did not experience a recession from 1991 until 2020.
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