"A resource-based economy, dependant on harvesting or extracting Natural Resources for sale or trade."
the united states sought colonies as market. other nations used colonies' resources
what were two key differences between the north's economy and the south's economy?
The north had an industrial based economy. The south had an agricultural based economy.
the northern economy ended slavery.the southern economy continued slavery
They support an Industrial Economy.
Yes, it is called an extractive economy
Extractive Industries Transparency Initiative was created in 2002.
farming,mining,lumbering,hunting,fishing are some examples of extractive industry.
It was a colonial economy, meaning the industries it possessed were basically extractive (mines, plantations, haciendas); also most investment was made on infrastructure that allowed to export those products to Spain, such as roads and ports.
farming,mining,lumbering,hunting,fishing are some examples of extractive industry.
it is where the raw material is made.
the industry that involes mining
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it is where the raw material is made.
extractive,primary,secondary,tertiary
A. Lashanizadegan has written: 'Dissociation extractive crystallization'
markan theory, inflation and extractive demand theory,