Analyze the dominance of China in the hi-tech industry. What scarce resource is extracted from the Earth to support this dominance?(1 point)

Responses

oil
oil

rare earth elements
rare earth elements

priceless gems
priceless gems

water

Rare earth elements are extracted from the Earth to support China's dominance in the hi-tech industry. These elements are crucial in the production of smartphones, electric vehicles, and other technology products. China currently dominates the global market for rare earth elements and has a significant advantage in the hi-tech industry as a result.