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"A resource-based economy, dependant on harvesting or extracting Natural Resources for sale or trade."
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Earn +20 ptsQ: What is an extractive economy?
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Continue Learning about U.S. History
How did us imperialism differ from the imperialism of nations with extractive economies?
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?
what were two key differences between the north's economy and the south's economy?
How was the north and south economy different?
the northern economy ended slavery.the southern economy continued slavery
Was it the north or south who had an industrial economy?
The north had an industrial based economy. The south had an agricultural based economy.
What type of economy did the federalists support?
They support an Industrial Economy.
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