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TeachMeFinance.com - explain Extractive industries Extractive industries The term 'Extractive industries' as it applies to the area of energy can be defined as ' Industries involved in the activities of (1) prospecting and exploring for wasting (non-regenerative) natural resources, (2) acquiring them, (3) further exploring them, (4) developing them, and (5) producing (extracting) them from the earth. The term does not encompass the industries of forestry, fishing, agriculture, animal husbandry, or any others that might be involved with resources of a regenerative nature'. Previous 5 Terms: Externalities extinct Extinct volcano Extirpated species Extraction loss Next 5 Terms: Extrados Extra-long staple (ELS) cotton Extra-Long Staple Cotton Act of 1983 extraneous Extraordinary income deductions (electric utility) About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.