Great Depression II

Christmas Island/

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Note: Most information adapted from the popular World Factbook is distributed between the websites GeoWorld (geography, people, communications & transportation), Politix (government) and Great Depression II (economy).

Economy

Phosphate mining had been the only significant economic activity, but in December 1987 the Australian government closed the mine. In 1991, the mine was reopened. With the support of the government, a $34 million casino opened in 1993, but closed in 1998.
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tourism, phosphate extraction (near depletion)
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phosphate
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consumer goods
Australian dollars (AUD) per US dollar - 1.1151 (2010), 1.2822 (2009), 1.2059 (2008), 1.2137 (2007), 1.3285 (2006)


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