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Age of Oil - Review

Total questions: 20

Worksheet time: 12mins

Name
Class
Date
1.

What year was oil discovered at Spindletop?

a)

1901

b)

1845

c)

1821

d)

1914

2.

Which two Texas cities boom into major cities as a result of the oil industry?

a)

El Paso, Lubbock.

b)

Dallas, El Paso.

c)

Dallas, Houston.

d)

Lubbock, San Antonio

3.

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

a)

Crude Gold

b)

Crude Money

c)

Liquid Cash

d)

Black Gold

4.
What nickname was given to towns that were created quickly due to the rush of people towards successful oil fields in Texas?
a)
"boom towns"
b)
"ghost towns"
c)
"oil towns"
d)
"rail towns"
5.

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

a)

1901

b)

1836

c)

1865

d)

1918

6.

Where was the first major Oil discovery in Texas?

a)

Spindle top

b)

Dallas

c)

Permian Basin

d)

East Texas

7.

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

a)

Oil

b)

Cattle

c)

Cotton

d)

Railroads

8.

A town that grows rapidly because of the discovery of oil is called a what?

a)

Busttown

b)

Boomtown

c)

Cooltown

d)

Whatevertown

9.

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

a)

Prosperity

b)

Boom

c)

Bust

d)

Recovery

10.

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

a)

Boom and Bust

b)

High and Lows

c)

Ups and Downs

d)

Increase and Decrease

11.

Which of the following is a political impact of the oil industry on Texas?

a)

Texas Railroad Commission formed, regulating oil industry by setting oil prices to keep oil companies from gouging prices

b)

The financial boost of oil encouraged other businesses and industries to move to Texas for its thriving economy.

c)

Tax revenue from increased business has helped fund many state social programs

d)

The oil industry in Texas led to numerous refineries and petrochemical facilities along the Texas coastline

12.

How does the following image suggest that Spindletop might soon run dry of oil?

a)

the flat land

b)

the great number of derricks

c)

the lack of workers present in the field

d)

little rainfall in the area

13.

Which statement describes an economic impact of the oil industry on Texas?

a)

It created new jobs and increased income for many Texans.

b)

It caused major automobile manufacturers to move their factories to Texas.

c)

It led to an increase in farming and ranching opportunities in Texas.

d)

It led to a gradual loss of job opportunities in Texas.

14.

1901 was significant to Texas history because in that year—

a)

the Republic of Texas was annexed by the United States

b)

the Civil War between the United States and the Confederacy

broke out

c)

The current state constitution of Texas was adopted

d)

oil was discovered at Spindletop

15.

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

a)

The cattle drive industry was prospering.

b)

The lumber industry producing more lumber for steel.

c)

Discovery of oil on a hill called Spindletop.

d)

Discovery of gold and other precious metals.

16.

Which is the best definition of a "boom and bust" cycle?

a)

Business growth to industry failures

b)

low profits to growth in industry

c)

high unemployment to high growth

d)

High growth to high employment

17.

Which areas was Oil discovered in Texas?

a)

Gulf Coast

b)

East Texas

c)

Permian Basin

d)

All of them

18.

An oil well that produces a large and forceful flow of oil is a

a)

Derrick

b)

Gusher

c)

Boomtown

d)

rig

19.

Which statement describes a social impact of the oil industry on Texas?

a)

It created new jobs and increased income for many Texans.

b)

Population increased in many towns

c)

Laws were created to regulate oil prices

d)

Oil was discovered in Beaumont, Texas

20.

Which statement describes a political impact of the oil industry on Texas?

a)

It created new jobs and increased income for many Texans.

b)

Population increased in many towns

c)

Laws were created to regulate oil prices

d)

Oil was discovered in Beaumont, Texas