Continent Introductio", Waldseemüller noted that the earth is divided into four parts, Europe, Asia, Africa and the fourth part, which he named "America" after Amerigo Vespucci's first name. On the map, the word "America" was placed on part of South America. From the 16th century the English noun "continent" was derived from the term "continent land", meaning continuous or connected land and translated from the Latin "terra continens". The noun was used to mean "a connected or continuous tract of land" or mainland. It was not applied only to very large areas of land—in the 17th century, references were made to
Australia (continent) overseas, with top countries being Italy, Lebanon, Vietnam and Iraq, among others. Melbourne is also fairly multicultural, having the largest Greek-speaking population outside of Europe, and the second largest Asian population in Australia after Sydney. Australia is the only first world country in the Australian-New Guinea continent, although the economy of Australia is by far the largest and most dominant economy in the region and one of the largest in the world. Australia's per-capita GDP is higher than that of the UK, Canada, Germany, and France in terms of purchasing power parity. The Australian Securities Exchange in Sydney is the