Unit 10 Texas Grows and Prospers: Cattle and Oil

Cowboy

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When a company has complete control of a business so that other organizations cannot compete with it

• Duopoly

• Amazon

• Monopoly

• Target

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Owner of Standard Oil

Controlled 90% of oil refineries and pipelines (had an oil monopoly)

Richest person in modern history (estimate of $336 billion)

• James Hogg

• John D Rockefeller

• Quanah Parker

• Cornelius Vanderbilt

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Comanche leader that became the peacetime leader of Native Americans in the Southwest

• Quanah Parker

• James Hogg

• Cornelius Vanderbilt

• John D. Rockefeller

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An area of land in the U.S. kept separate for Native Americans to live on

(a)  

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Deadliest hurricane in U.S. history

Estimated 6,000-12,000 deaths

Happened in Galveston, TX

As a result, economic development shifted to Houston

• Hurricane Andrew

• Hurricane of 1900

• Hurricane Ike

• Hurricane Harvey

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Oil was discovered at Spindletop

(a)  

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Massive amounts of oil discovered here in 1901

Modernized the Texas economy

• Spindletop

• Petroleum

• Barbed Wire

• Windmill

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Oil that is obtained from below the surface of the Earth and used to make products

• Spindletop

• Petroleum

• Barbed Wire

• Windmill

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Used to fence in land in the West, eventually leading to the end of the open range.

• Spindletop

• Petroleum

• Barbed Wire

• Windmill

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