Which statement best characterizes an economic impact of smartphone development?(1 point)
Smartphone development is eliminating mining jobs in many parts of the world. Smartphone development is eliminating mining jobs in many parts of the world. The mining of rare-earth elements is currently centered in China, which poses an economic risk to other countries. The production of smartphones is inexpensive and does not have a far-reaching economic impact. The production of smartphones is inexpensive and does not have a far-reaching economic impact. The mining of rare-earth elements is currently centered in the U.S., giving the country an economic advantage in the global marketplace.
Pick one