Question

How does mining affect the economy ?

Answer 1

Hint: A mineral is a naturally occurring substance with a definitie physical, chemical or molecular properties. Mining is a way of extracting minerals from the earth's surface. Through mining, minerals from ore, reef, vein, lode or placer deposits are extracted.

Complete answer: Mining is further classified into surface mining and underground mining. Surface mining is the process in which surface vegetation, dirt and layers of bedrock are removed to reach the mineral ore. Underground mining involves digging tunnels and shafts into the earth to extract minerals.

Mining affects the economy in many ways
1)Mining helps extract minerals which aid a country’s industries as well as defence needs.
2)Mining helps extract fuel minerals which aid a country’s energy needs.
3)Mining also leads to extraction of non fuel but precious minerals like diamonds and gold which aid a country’s economy.
4)Mining creates jobs and reduces unemployment.
5)Mining and development of mines lead to development of other industries like manufacturing and construction industries, boost commercial and public sector activities as well as help in development of towns and cities.

Note: Though mining aids the economy of a country, there are flipsides of this industry too. Mining leads to air pollution, noise pollution and water pollution. Mining is a hazardous industry as accidents of roofs caving in. It leads to soil erosion, groundwater contamination and sinkholes.