From Wikipedia: “An extractive industry is a non-governmental, noncommercial sector of economic activity where the primary purpose of the activity is the extraction of capital, primarily physical, but occasionally also monetary.
When you enter an extractive industry, you’re essentially putting your money where your mouth is. You’re not working for someone else, like a contractor, a lawyer, or a doctor. You’re spending your own money, your own effort, on doing something that is very much your own. So it makes sense to start with the idea that extractive industry is a great place to start your career.
But, like most people, I have my own ideas about what extractive industry is. I think it is a term that is overly generalized, and overused. From what I have been able to gather, I think the term extractive industry is more of a general term used to refer to the activities of mining, oil, and gas companies. In layman terms, these activities are all about extracting the raw material from its natural source.
Sounds like a pretty general term, but the definition you give in your extractive industry definition is probably rather specific. I don’t know that there is any definition of extractive industry in the dictionary that doesn’t refer to mining, oil, and gas.
You can read an extractive industry definition if you want, but I think I’ll just use mine as an example. In the definition, extractive industry means the industry or business in which extraction is a vital part of the process. In layman terms, I think those two things are pretty similar. The problem is that extractive industries are often referred to as “oil, gas, and mining” companies, and that the word extractive is a pretty generic term.
Extracting is not only an industry, but extracting can be a very lucrative one. With oil and gas alone, you can make $20,000 a day in an extractive company. With mining, you can make $50,000 a day. A few extractive companies have been so successful that they’ve earned the nickname “Silicon Valley,” and in some cases they’ve even been referred to as “Silicon Valley” companies.
The extractive industry is a large segment of the American economy. It is the second most important segment of the economy (after agriculture), and the third biggest industry. This is because extractive companies make all of the oil and gas that we use in the world. They also provide many of the other products we use, like computers, airplanes, and cars.
So how is extractive industry defined? It is a type of business that is defined by the extraction of natural resources. Companies like Exxon Valdez and the BP oil spill are the best examples of this. In addition to oil and gas, extractive companies also extract other minerals, such as coal, rare earth metals, and rare earth elements. What makes the extraction of these natural resources so important is that the extraction of these resources is the only way we can get anything else.
The definition of extractive industry is a very broad one. The industries that are defined as extractive are very different from the industries that are defined as commercial. If you are a large company, then you see extractive industries as a part of your activities, but if you are a small, independent business, then even if you extract a great deal of natural resources, it is unlikely that you will be called on to extract oil in the future.
In the context of extraction, a commercial extraction is one in which the extraction is done by a large company to make money; a commercial extraction is one in which the extraction is done by one person (and thus a commercial extraction is not an extractive industry) and is typically done in a way to increase profits.