Texas Industries
Economic Changes Over Time
Economic Concepts
Famous Texas Entrepreneurs
Economic Independence
100

This industry in Texas became famous for cattle drives and ranching.


    • What is the cattle industry?
100
  • The discovery of this at Spindletop in 1901 changed Texas’s economy.

    • What is oil?
100

The amount of something available for sale.


    • What is supply?
100

This American business man is best known for founding Walmart and Sam's Club.


    • Who is Sam Walton?
100

Texas exports oil and beef to other states and countries, making it part of this system.


    • What is interdependence?
200

An industry in Texas known for drilling and refining oil.


    • What is the petroleum industry?
200

Cowboys drove cattle to these places to sell them.


    • What are railheads or markets?
200
  • When many people want a product, it has a high amount of this.

    • What is demand?
200

The founder of Dell Computers, based in Texas.


    • Who is Michael Dell?
200

This major Texas port helps ship goods worldwide.


    • What is the Port of Houston?
300

This industry in Texas produces crops like cotton and corn.


    • What is agriculture?
300

The expansion of these made moving goods across Texas faster and cheaper.


    • What are railroads?
300

The cost of choosing one option over another.


    • What is opportunity cost?
300

This entrepreneur’s famous Texas-based grocery chain is known for its customer service.


    • What is H-E-B?
300

Texas imports goods from other countries because of this.


    • What is trade?
400

Texas cities like Houston grew because of this industry.


    • What is the oil industry?
400

These modern advancements made Texas a leader in technology.


    • What are computers and electronics?
400

The money left after paying for all expenses.


    • What is profit?
400
  • A Texas businessman who became famous for his oil investments and philanthropy.

    • Who is Howard Hughes?
400

The state of depending on other countries for products like electronics.


    • What is economic interdependence?
500

This Texas industry is important for trade and moving goods.


    • What is transportation?
500

The rise of these helped Texas become a major trade center.


    • What are ports and highways?
500

When supply is low, but demand is high, prices usually do this.


    • What is increase?
500
  • This Houston-based company became one of the world’s largest oil companies.

    • What is ExxonMobil?
500

A system where businesses and countries work together to provide goods and services.


    • What is a global economy?