Which of the following statements accurately explains one way the oil industry caused the industrialization of the
Texas economy? (1 point)
The oil industry created a monopoly on raw goods and natural resources, so more factories were built to manufacture
goods.
The oil industry engaged in the practice of stock watering to maintain control over shipping rates.
The Texas economy focused more on manufacturing because oil fueled the machines that produced goods.
The Texas economy remained focused on agriculture because oilfields enriched the soil with important nutrients.