Unit 13 - Test Review

What is the definition of "Petroleum"?

• A type of metal used in construction

• A liquid mixture found underground that can be refined into fuels

• A type of plant used for food

• A process of building tall structures

Which term describes a person who works in the oil fields doing hard physical labor?

• Wildcatter

• Roustabout

• Engineer

• Banker

What is the "Boom and Bust cycle"?

• A cycle of economic growth followed by decline

• A type of oil drilling equipment

• A weather pattern in Texas

• A method of transportation

Which city is Spindletop located in?

• Dallas

• Beaumont

• Houston

• Austin

What is "Horizontal Integration"?

• Owning all steps of production from raw materials to finished product

• Combining companies that produce the same product

• A type of oil drilling

• A weather event

What is "Vertical Integration"?

• Buying out competitors in the same industry

• Controlling all steps in the production and distribution process

• A type of oil well

• A social movement

What is "Supply and Demand"?

• The process of drilling for oil

• The relationship between the amount of a product and the desire for it

• A type of hurricane

• A type of integration

Who was Isaac Cline?

• The mayor of Galveston during the hurricane

• A weather forecaster who warned about the Galveston Hurricane

• An oil tycoon

• A famous wildcatter

What is a "Wildcatter"?

• A person who explores for oil in unproven areas

• A type of storm

• A machine used in oil drilling

• A social reformer

What is "Social Change"?

• A change in the weather

• A significant alteration in society and its institutions over time

• A new type of oil well

• A business strategy