answersLogoWhite

0

What is an extractive economy?

Updated: 4/28/2022
User Avatar

Wiki User

15y ago

Best Answer

"A resource-based economy, dependant on harvesting or extracting Natural Resources for sale or trade."

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is an extractive economy?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Is an economy that is based on mining or producing raw materials to be used in foreign industries called an extractive economy?

Yes, it is called an extractive economy


When was Extractive Industries Transparency Initiative created?

Extractive Industries Transparency Initiative was created in 2002.


What are examples of extractive industry?

farming,mining,lumbering,hunting,fishing are some examples of extractive industry.


What were some important things of the colonial economy of Mexico?

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.


Why corrosion is reverse of extractive metallurgy?

process of corrosion nd formation of oxide film is just reverse as in extractive metallurgy of metals.


What are the examples of extractive industry?

farming,mining,lumbering,hunting,fishing are some examples of extractive industry.


What is extractive production?

it is where the raw material is made.


What is potatoes grown in farm-extractive industry?

9


Definition of extractive industry?

the industry that involes mining


What is extractive or primary production?

it is where the raw material is made.


What are non-extractive resources?

the resources which aren't to be extracted


What are 4 types of industries?

extractive,primary,secondary,tertiary