N 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.

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Emely Proctor

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10 November, 00:47

N 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.

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Kiara · Answer 1

An economy that is based on mining or producing raw materials to be used in foreign industries is called "an export economy," sine this is usually more so the case for smaller countries that need to raise their GDP.