Understanding the Market — Entrepreneurship STD 11 Commerce — Question

Extractive industries extract or draw out various products from natural resources such as earth, soil, water, etc. Examples of extractive industries are farming, mining, fishing, hunting, lumbering, oil extraction, etc. The products of such industries are either consumed directly (fish as food) or used as raw material for other categories of industry (e.g. iron ore used in steel industry).
These industries have the following distinctive features:

1. These industries are the oldest occupation of human beings and provide raw materials to other industries.
2. Human beings only collect and cannot add to the wealth extracted from either the earth or water bodies like, sea, rivers, etc.
3. These industries basically create place utility.
4. Materials once extracted cannot be fully replaced.