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Economic importance of minerals

Updated: 8/23/2023
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Wiki User

7y ago

Best Answer

Well, I'm just gonna answer it out of my head and briefly.

Global trade because of comparative advantage (more like merchant with other countries.)

Extract jewelry to sell.

Employment (mineral industries provide jobs)

Provides the countries resources that we need such as coal,oil,rocks rather than buying from other countries.

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13y ago
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