What five nations supply most of the world’s nonrenewable mineral resources? How dependent is the United States on other countries for important nonrenewable mineral resources? Explain the concern...

What five nations supply most of the world’s nonrenewable mineral resources? How dependent is the United States on other countries for important nonrenewable mineral resources? Explain the concern over U.S. access to rare earth mineral resources. Describe the conventional view of the relationship between the supply of a mineral resource and its market price. Explain why some economists believe this relationship no longer applies in some countries. Summarize the pros and cons of providing government subsidies and tax breaks for mining companies.