Considering industrial structures, the economies who are rich in mineral resources but are poor in other manufacturing ways are classified as?
Correct answer: A. raw material exporting economies
- A. raw material exporting economies
- B. subsistence economies
- C. emerging economies
- D. industrial economies
Explanation
Raw-material-exporting economies possess abundant natural resources such as minerals but have limited manufacturing industries. Subsistence economies instead rely mainly on agriculture for livelihood.
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