USA HISTORY

AMERICAN IMPERIALISM 1890 1919

AMERICAN IMPERIALISM

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is an extractive economy?
A
Nations who give smaller nations resources
B
Nations who take natural resources or raw materials from bigger nations & send them back home
C
Nations who take natural resources or raw materials from smaller nations & send them back home
D
Nations ho have their resources taken from other nations
Explanation: 

Detailed explanation-1: -A resource-based economy, dependent on harvesting or extracting natural resources for sale or trade., harvesting and exporting resources with little or no processing.

Detailed explanation-2: -(1) Mining, quarrying and logging industry refers to the industry that extracts natural resources, including extraction of petroleum, coal, metal and non-metal ores.

Detailed explanation-3: -Natural resources are materials from the Earth that are used to support life and meet people’s needs. Any natural substance that humans use can be considered a natural resource. Oil, coal, natural gas, metals, stone and sand are natural resources. Other natural resources are air, sunlight, soil and water.

Detailed explanation-4: -What Country Has the Greatest Value of Natural Resources? It’s estimated that Russia’s natural resources are valued at $75 trillion. They include crude oil, natural gas, coal, and rare earth metals. In 2021, it ranked third in the world in the production of industrial diamonds.

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