Oil, Prohibition, Progressives

What caused the population "boom" in Beaumont, Texas? Population grew from 10,000 to 50,000 within a year.

• The cattle drive industry was prospering.

• The lumber industry producing more lumber for steel.

• Discovery of oil on a hill called Spindletop.

• Discovery of gold and other precious metals.

Oil was referred to as _________________________ since it had the power to make overnight millionaires.

• Crude Gold

• Crude Money

• Liquid Cash

• Black Gold

Which region contains a significant amount of oil wells compared to the others?

• North Central Plains

• Coastal Plains

• Mountain and Basins

• Great Plains

What nickname was given to towns that were created quickly due to the rush of people towards successful oil fields in Texas?

• "boom towns"
• "ghost towns"
• "oil towns"
• "rail towns"

In what year did oil drillers discover the first major oil field in Texas?

• 1901

• 1836

• 1865

• 1918

What year was oil discovered at Spindletop?

• 1901

• 1845

• 1821

• 1914

Where was the first major Oil discovery in Texas?

• Spindle top

• Dallas

• Permian Basin

• East Texas

What caused the Texas economy to "Boom" in the early 1900s?

• Oil

• Cattle

• Cotton

• Railroads

A word that describes low production and low employment is what?

• Prosperity

• Boom

• Bust

• Recovery

Alternate periods of high and low levels of economic activity in the business cycle.

• Boom and Bust

• High and Lows

• Ups and Downs

• Increase and Decrease