NATURAL RESOURCE DEVELOPMENT.

• Date: 01 November 2022

Economists consider resource extraction to be a primary activity. Without raw materials, the secondary sector (manufacturing) would twiddle its thumbs in idle mills and factories, and without workers supporting those two, the tertiary sector (services) would pass the same dollars around among themselves until the bills wore out.

Alaska's abundance of minerals, timber, energy, and other extractible outputs from land and water form the foundation upon which the rest of the state's economic...