A nation where the major forces for jobs,revenues,and taxes come from farming or extractive industries like forestry,mining,or oil production is a(n):

Question

Quizplus · Accepted Answer

A factor-driven economy relies heavily on the exploitation of its natural resources, such as agriculture or extractive industries like mining or oil production, for its economic growth. The focus is on increasing the efficiency of these industries to generate jobs, revenues, and taxes. This type of economy is characterized by low-technology levels and low levels of human capital.

A Nation Where the Major Forces for Jobs,revenues,and Taxes Come