The most rapidly growing components of the Texas economy involve what industry?
a) mining and petroleum
b) tourism
c) agriculture
d) high technology
e) manufacturing
Question 2
In the early 1970s, the world price of oil increased substantially. What impact did that increase have on the Texas economy?
a) It gave a boost to the Texas economy because it benefited the state's oil industry.
b) It harmed the state's economy because it increased the cost of owning and driving automobiles.
c) It harmed the state's economy because it hurt the cotton industry.
d) It encouraged policymakers to look for ways to diversify the state's economy.
e) It had no effect on the state's economy.
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