Extractive

The term 'extractive' describes activities, industries, or processes focused on removing natural resources from the earth. This often includes mining, drilling, logging, and fishing. These operations typically involve obtaining raw materials that are then processed for economic purposes. The defining characteristic is the *extraction* or removal of these resources, often with significant environmental and social implications due to land use, habitat disruption, and potential pollution.

Extractive meaning with examples

• The government's new policies aimed to regulate the extractive industry more stringently, enforcing environmental protection standards and ensuring fair labor practices to mitigate negative effects. These efforts focus on sustainable resource management.
• The company's business model was based entirely on extractive practices. It involved extensive coal mining operations, raising concerns about deforestation and the impact on local communities.
• Debates continue about the long-term sustainability of the extractive sector and its impacts, including issues like the 'resource curse' which shows the possible negative effect on economic growth
• Indigenous communities often bear the brunt of the extractive activities, experiencing displacement, loss of ancestral lands, and decreased access to natural resources.
• There has been a growing movement advocating for a shift away from extractive practices towards more sustainable and regenerative models of economic activity, for example, by reducing the dependence on finite raw materials.