asked 7.1k views
4 votes
An economy that is based on mining or producing raw materials to be used in foreign industries is called

A. an export economy.

 

B. an extractive economy.

 

C. a feudal economy.

 

D. an industrial economy.

asked
User Selyunin
by
8.2k points

2 Answers

6 votes

Answer:

B. an extractive economy.

answered
User Wrtsprt
by
8.0k points
1 vote
An economy that is based on mining or producing raw materials to be used in foreign industries is called an extractive economy. The correct answer is B.
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