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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Answer:
The reading shows that musical trends increase the demand in the music industry and stimulate the supply of this industry. However, the trends tend to be transient, providing a decrease in demand and consequently in supply, which makes the music industry highly volatile.
Explanation:
The music industry is a highly volatile economic sector with drastic changes in demand and supply, due to the frequent musical trends that are established.
When a musical trend is launched (kpop, for example), there is a large number of consumers who want this trend to be very active in the market. These consumers increase the demand for products of this trend, which makes the production large and the number of suppliers of important supplies for this production is very efficient. In this case, if the production is high, the supply is also high.
However, trends tend to disappear over time, decreasing the number of consumers. Thus, the production of products of this trend must be reduced and, consequently, the supply of this trend decreases. However, a musical trend decreases with the rise of another trend, which will drive the increase in demand and supply again.
Answer:
The answer is D
Explanation:
<u>Belmont report </u>about research ethic was published in 1979 as an answer to ethical failure in medical researches.
According to report there are three principles that should underlying the ethical conduct of research involving human subjects and those principals are Respect for persons, Beneficence and Justice.