This economic model has become popular in many Latin American countries but is becoming increasingly prominent in other regions as well. The extractive minerals industry has developed rapidly from the end of the Second World War to accommodate the growth of society and the need for an improved infrastructure in a world economy. Extractive companies can also have considerable impacts on the environment and the economy of the societies in which they operate. Some examples of resources that are obtained through extraction include gold, diamonds, lumber and oil. For example, a transnational corporation today may need to buy a vast range of very specific, but partial, knowledge elements of all the diverse countries in the world – 15 hours of Mongolian accounting, 20 hours of London’s legal advice, and so on. Like many developing economies, Penobscot Bay began its growth as an extractive economy Extractive economy A resource-based economy, dependent on harvesting or extracting natural resources for sale or trade., harvesting and exporting resources with little or no processing. Many factors are involved in the process of extractivism. There are many examples of the conjunction of extractive economic and political institutions: North Korea since its formation, Zimbabwe under Mugabe, China under Mao, the Soviet Union over its entire history, the Putin regime after its collapse. For example, in conflict-affected or postconflict areas governments may use revenue from resources to fund unrest. The extractive industries sector plays a dominant economic, social and political role in the lives of 3.5 billion people living in 81 countries, 51 of which are now compliant with the Extractive Industries Transparency Initiative, a global standard for transparency and accountability. In the seventeenth century, the primary extractive activity was fishing. The Development E ects Of The Extractive Colonial Economy: The Dutch Cultivation System In Java Melissa Dell and Benjamin A. Olken Harvard University and MIT October 2018 Abstract Colonial powers typically organized economic activity in the colonies to maximize their economic returns. I gave it a name: the ‘intermediate economy’. in the Extractive Waste Management Plans Circular Economy Action Eco Efficiency Consulting and Engineering Ltd. in collaboration with WEFalck, Pöyry Finland Oy, Botond Kertész & CRS Ingenería 22 January 2019 .
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