The exploitation of mineral resources constitutes which form of production?
Answer Details
The exploitation of mineral resources is a form of primary production.
Primary production refers to the extraction and harvesting of raw materials from natural resources, such as agriculture, forestry, fishing, and mining. In the case of mineral resources, primary production involves the extraction of minerals from the ground or from ore deposits using various techniques, such as drilling, blasting, and excavation.
Secondary production, on the other hand, refers to the transformation of raw materials into finished products through manufacturing processes. For example, turning iron ore into steel, or refining crude oil into gasoline.
Tertiary production is the provision of services, such as healthcare, education, finance, and transportation.
Therefore, since the exploitation of mineral resources involves the extraction of raw materials from the ground, it falls under the category of primary production.