The significance of the elongated earlobes on the Buddha is that:

he rejected wealth
he has good hearing
he wears heavy jewelry

he rejected wealth

Explanation:

The significance of the elongated earlobes on the Buddha is that he rejected wealth

Although he was no longer weighed down by material possessions, Siddhartha's ears were permanently elongated. Siddhartha Gautama went on to become the Buddha, or "enlightened one." To Buddhists, Buddha's long earlobes symbolize a conscious rejection of the material world in favor of spiritual enlightenment. He wore heavy gold earrings or precious stones as a status symbol, and the weight stretched his ear lobes dramatically. When he finally renounced his wealth and discarded his jewelry, his ear lobes were permanently stretched.

Explanation:

probably that america is racist