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Since copper is in demand and is an expensive resource, it can make a good basis for an economy if the government uses it wisely.
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∙ 12y ago
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How does copper affect the economy?
it does affect becuaase we are weasting money
How does the price of copper affect Chile's economy?
When the price copper goes down, the Chile economy also goes down. The Chilean economy relies heavily on copper; almost 20% of its exports and GDP is based on copper, so when it goes down, the economy is effected as it goes down.
What are some pros and cons for copper mining?
· We cannot live our current lifestyle without copper. · Copper is a valuble base metal · Hundreds of secondary industries depend on Copper and Copper mining · Nearly all things electronic depend on copper. · Quite simply we just have to have copper · The mining of Copper creates thousands of jobs
What are the benefits of mining copper?
Copper mining produces copper, a very useful element. I also provides jobs and a lot of tax money for the government.
How does diamonds affect the economy where it is mined?
Diamond mining contributes to the local economy in the same ways that any kind of process industry operation contributes. Jobs, taxes and company benefits are high on these lists of contributions.
Does mining forms the backbone of chiles economy?
Copper mining and production is the backbone of the Chilean economy. It accounts for one third of the governments revenue.
Mining forms the backbone of chiles economy?
Copper mining and production is the backbone of the Chilean economy. It accounts for one third of the governments revenue.
How does copper affect the economy?
it does affect becuaase we are weasting money
How does mining obsidian affect the environment and economy of where it is found?
you are verd
How does mining copper affect the hydrosphere?
well people could die because of the pollution
What do yo mean by copper mining?
mining for copper
How does the price of copper affect Chile's economy?
When the price copper goes down, the Chile economy also goes down. The Chilean economy relies heavily on copper; almost 20% of its exports and GDP is based on copper, so when it goes down, the economy is effected as it goes down.
What is known as the 'Country of Copper'?
Zambia is known as the "Country of Copper" due to its significant copper production and exports. It is one of the top copper producers in the world, and the mining industry plays a crucial role in the country's economy.
When did Copper mining in Arizona happen?
Copper mining in Arizona happened in 2007.
How can you stop copper mining?
Find a substitute for copper and pay everyone in the copper industry for income lost by eliminating copper mining.
Which country is called country of copper?
Zambia is sometimes referred to as the "Country of Copper" due to its significant copper mining industry and exports. Copper is one of the country's main export products and plays a key role in its economy.
The country also known as country of copper?
The country of Zambia is often referred to as the "country of copper" due to its significant copper production and reserves. Copper mining is a major industry in Zambia and plays a crucial role in the country's economy.
