Oil Boom
This was the first major oil discovery in Texas.
What is Spindletop?
This term describes a period of growth in profits.
What is a boom?
Oil prices dropped because supply was ______.
What is too high / increased?
Women took these types of jobs during WWII.
What are new/nontraditional jobs?
Lyne Barret drilling oil is a…
What is a cause?
This early oil drilling site was successful in 1894.
What is Corsicana?
This term describes a period of decline in profits.
What is a bust?
Unemployed people often waited in these for food.
What are soup lines?
This policy kept segregation in schools and military.
What are Jim Crow laws?
Boomtowns forming is a…
What is an effect?
Name ONE industry that grew because of oil.
What is Lumber / Banking / Transportation?
This industry in the 1980s had a boom then crash in Texas.
What is the Savings and Loan industry?
Farmers lost land because of falling ______ prices.
What is cotton?
Texas expanded this industry along the Gulf Coast.
What are oil refineries / petrochemical industry?
New drill technology is a…
What is a cause?
What type of towns grew quickly due to oil discoveries?
What are boomtowns?
What happened to jobs during a bust?
What is People lost jobs?
This president created programs to help Americans.
Who is Franklin D. Roosevelt?
These were built in Garland and Fort Worth.
What are aircraft factories?
Houston becoming oil center is a…
What is an effect?
This city became the center of the oil business.
What is Houston?
What happened to interest rates during the crisis?
What is they increased?
This event caused the Great Depression.
What is the stock market crash of 1929?
WWII caused growth in this type of economy.
What is industrial/economic growth?
Population tripling near oil fields is a…
What is an effect?