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An economy that is based on mining or producing raw materials to be used in foreign industries is called

a. an extractive economy.
b. an export economy.
c. a feudal economy.
d. an industrial economy.

User Channon
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2 Answers

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the correct answer is B. hope this helped

User Kronion
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An economy that is based on mining or producing raw materials to be used in foreign industries is called an "export economy," since the raw materials in question are exported and used in these foreign lands.
User Quinn Weber
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