S.S. Economic Development

A business that only sales bicycles is an example of ______________.

• mass production
• supplies
• specialization

There was an oil boom in Texas, therefore __________________

• People moved to oil fields
• People began to find more uses for oil
• Trains, cars, and boats were invented

What has been the greatest impact that connects Texas, the U.S., and the world?

• Cattle drives
• Developing medicine
• Developing weapons
• Developing communication

When the demand for goods is high and the supply is low, prices will ______________.

• rise
• drop

When the supply is high and the demand for goods is low, prices _______________________.

• rise
• drop

How did farmers in the 1800's adapt to the climate?

• They planted crops that could grow in cold weather
• They planted crops that would grow with the amount of rain that fell
• They planted crops that could only grow in a drought.

The wide open land in Texas made it great for______________

• cattle ranches
• bonfires
• building machinary

A benefit of the free enterprise system in Texas is that ________________.

• There are more hamburger restaraunts
• supply and demand never changes
• consumers only get one choice
• prices rise and fall at the right level

What happens in free enterprise when there are many different kinds of ice cream shops?

• competition keeps the prices down
• the demand for ice cream stops
• everyone in the world uses those ice cream companies

What is one effect of the oil industry in TX?

• low employment
• more cattle drives
• city populations grew
• Civil Rights Movement