Question

a primitive economy consists of a fishing industry and oil industry.

Answer 1

Yes

A primitive economy consists of a fishing industry and an oil industry. A unit of fishing industry output requires 0.30 unit of fishing industry input and 0.35 unit of oil industry input. A unit of oil industry output requires inputs of 0.04 unit of fishing products and 0.10 unit of oil products.

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Answer 2

A primitive economy consists of a fishing industry and oil industry.

Explanation:

• The primary economy has been known as the primitive and te traditional economies and they are known for the fishing and the agricultural industry as they are directly depended on the lands for the natural resources.

• Most of them are driven by the farming system and have a year-old tradition practice. While oil and drilling and mining re regarded as a part of the quarrying and the minerals extraction process that itself apart has low operating cost, it is simple and primitive and is done for the self and nor commercialized.

• Thud a primitive economy produces what is elf sufficient for itself to sustain in the marketplace. Some times are viewed as backward economies but have a huge potential natural reserve. Like that of Bhutan and the Haiti people ad most of the tribal lands.  

Know more about the primitive economy.

• https://brainly.in/question/13126614 answered by Vishalpandya.