Economic factors are fundamental in determining urban structure. Cities can be seen as a form of economic organisation, which plants the seed for important consequences for the non-economic aspects of life. There are two pursuits or economic functions of urban growth resulting from the relationship between a city and it’s surroundings and growth resulting from the cities internal economy. At first the former is more important but in the long run the latter dominates. Yet both internal and external economic aspects are closely related. In Australia, cities developed in advance of their hinterlands. Apart from wool, most Australian industries developed, at first, in order to supply an existing urban market. For example, the influx of workers from rural area’s and migrants pushed forward the building sector.
With the beginnings of a new colony in 1788, capital accumulation, land concentration, foreign trade and free labour markets developed. Australian economy was being set up in a rapidly expanding world market dominated by the expansive phase of the first Industrial Revolution in Britain. By 1820 the colonial economy entered a period of transformation and geographic expansion that culminated in the short-lived emergence of a staple export-oriented economy, wool.
The wool industry played a significant role in... [continues]
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