Analyze the dominance of China in the hi-tech industry. What
scarce resource is extracted from the Earth to support this
dominance? (1 point)
priceless gems
water
rare earth elements
oil
The scarce resource that is extracted from the Earth to support China's dominance in the hi-tech industry is rare earth elements.
To analyze the dominance of China in the hi-tech industry and identify the scarce resource that supports this dominance, we can break down the question into two parts: China's dominance in the hi-tech industry and the scarce resource that enables it.
1. China's Dominance in the Hi-tech Industry:
To understand China's dominance in the hi-tech industry, we can gather information from news articles, reports, and industry studies. Some factors that contribute to China's dominance include:
a. Manufacturing Capacity: China has a large manufacturing base, which allows for mass production of electronic components and devices at a lower cost.
b. Skilled Workforce: China invests heavily in education and vocational training, producing a skilled labor force capable of working in the hi-tech industry.
c. Government Support: The government of China has implemented policies and incentives to promote the hi-tech industry, such as research funding, tax benefits, and specialized economic zones.
d. Market Size: With a population of over 1.4 billion, China has a massive domestic market, providing a crucial demand base for hi-tech products.
2. Scarce Resource Supporting China's Dominance:
Based on the options provided, the scarce resource extracted from the Earth that supports China's dominance in the hi-tech industry is rare earth elements. Rare earth elements are a group of seventeen chemical elements crucial for the production of various high-tech products like smartphones, electric vehicles, wind turbines, and advanced weapons systems.
China produces and controls a significant portion of the global rare earth elements supply. It accounts for over 70% of global production and has a dominant position in the global rare earth supply chain, including refining and processing capabilities. This control over rare earth elements gives China a strategic advantage in the hi-tech industry.
In conclusion, the scarce resource extracted from the Earth that supports China's dominance in the hi-tech industry is rare earth elements.