1) Which of these statements is MOST true of Texas after the oil boom of the late 1800s and early 1900s? A) new corporations for
med and new infrastructures were built to keep pace with the booming oil business B) most Texans were unhappy with the oil boom as outsiders moved into Texas looking for a way to gain wealth quickly C: the Texas economy did not truly feel the effects of the oil boom until 1942 when global war caused a new demand for oil D) the discovery of oil hurt education in Texas as lands once dedicated to schools were excavated in the hopes of finding oil Eliminate
The oil boom in Texas brought about dramatic changes in the economy during the period of late 1800s and early 1900s.
Explanation:
The oil boom of which was also called gusher age brought about several economic changes.
The discovery of huge oil reserves bought rapid industrialization, with the turn of century urbanization was seen with new corporations and new infrastructures being built to keep pace with the ushering oil business.
After the end of World War 2, the state was industrialized, amongst which Houston was the one to be most benefited in this boom, having the largest reserves of natural oil. This period brought significant changes in the commercial makeover of Texas.
During the end of 18th centuy and beginning of early 19th century, started with the Oil era in Texas, having opened the first oil field in Corsicana in 1894
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Capitalism just works this way, so the individual with whatever interest can pursue it and try to make a buisness out of it, there are ''no restrictions'' (i say this because there are laws you must follow for EX ponzi schemes)
