Extractive refers to actions, practices, or systems that involve the extraction or removal of resources, typically natural resources, from the earth or environment. The term can be used to describe various economic activities, industries, or sectors that primarily focus on extracting resources for commercial purposes.
In the context of natural resource exploitation, extractive industries involve activities such as mining, logging, oil drilling, or quarrying. These industries typically involve physically removing resources from the natural environment, and these extracted materials are then processed and used for various purposes or sold in the market. Extractive industries often play a significant role in the economy of many countries, as they provide essential raw materials for manufacturing, energy generation, and infrastructure development.
The term "extractive" can also extend beyond natural resource industries. It can be used to describe practices that exploit or extract value from individuals, communities, or other entities. This can include instances of exploitation or unfair extraction of surplus value from laborers, consumers, or vulnerable populations.
Additionally, extractive can be used more broadly to describe systems or institutions that prioritize the extraction of resources over sustainability or environmental preservation. This includes practices that do not sufficiently consider the long-term impacts on ecosystems or the well-being of local communities affected by resource extraction.
Overall, the term "extractive" signifies an emphasis on the extraction or removal of resources, whether natural or societal, for economic or commercial gain.
