Oil and Cotton in Texas

Crude oil goes through what process in order to be used 

• Refining
• Cleaning
• Mining
• Reconstruction

What was the biggest oil boom in the world?

• Spindletop
• Goatman's Bridge
• Galveston
• Beaumont

Who created a company called Standard Oil?

• John D. Rockefeller
• Patillo Higgins
• Hayden Edwards
• John T. King

The Oil boom in Texas created what?

• Jobs, Expansion of Industry, a Good Economy
• Tenant Farming, Sharecropping
• Poor Economy and Loss of Jobs

Manufacturing is

• producing goods either by hand or with machines for sale in large numbers
• Renting land to farm on 
• Paying for goods with money that is not yours
• A type of Mexican insect that eats cotton 

Tenant Farming

• Someone who farms land owned by another person and pays rent.
• A tenant farmer who pays his landlord with some of his crops instead of cash.
• producing goods either by hand or with machines for sale in large numbers

Sharecropping

• A tenant farmer who pays his landlord with some of his crops instead of cash.
• Someone who farms land owned by another person and pays rent.
• producing goods either by hand or with machines for sale in large numbers
• Paying for goods with money that is not your own. 

Commercial farming 

• Farming for large profits...BIG $$
• Farming for survival..feeding your family 
• Farming on land that you rent 

Subsistence Farming

• Farming for survival..feeding your family
• Farming for large profit...BIG $$
• Farming on land that you rent

The inability to get out of debt creates a cycle of

• Poverty
• Credit
• Debt 
• Subsistence