Some magma may cool and solidify beneath volcanoes, forming precious minerals such as copper, sliver and gold
Locals living nearvolcanoes can be employed to mine these minerals, which provide them a source of income
Governments may sell these precious minerals to generate revenue, which can in turn be used to provide socialservices to locals such as education and healthcare
Volcanic materials, such as ash and sand, may also be mined and used as construction materials
Example
Thousands of locals living on Mount Merapi are employed to mine volcanic sand as it is suitable for constructing buildings