Which economy type focuses on extraction and export of natural resources rather than manufactured goods?

• A. Natural Resources Economy
• B. Technological Factors
• C. Coordination
• D. AfCFTA

Answer: (A)

An economy that focuses on extraction and export of natural resources relies on harvesting raw materials like oil, minerals, or timber and selling them to other countries rather than turning them into manufactured goods at home. This makes growth and income largely tied to commodity prices and global demand, and often results in a country being highly dependent on natural resources.

The other options don’t describe an economy type: technological factors refer to innovation and tech-driven development, coordination relates to organizing and aligning activities, and AfCFTA is a trade agreement aimed at reducing barriers across African nations, not a description of what an economy primarily produces or exports.