How did the oil industry contribute to the economic growth of Oklahoma during the early 1900s? (Choose all that apply)
A. The oil field attracted investors and wildcatters, which meant more jobs to bring people to the state to work.
B. Because oil fields were in Oklahoma, oil could only be sold in the state.
C. The oil field attracted people to work in the state, which meant more businesses were needed to meet the needs of the increased population.
D. Oklahoma had more oil than any other state, so surrounding states would send money to support the economy of Oklahoma
Actually the last one is C but other than that you are correct for now.
ac bd c
AC
BD
A
100% Ls 7 U4 i think
I see two good answers.
Do you see what they are?
To determine how the oil industry contributed to the economic growth of Oklahoma during the early 1900s, we can examine each option presented:
A. The oil field attracted investors and wildcatters, which meant more jobs to bring people to the state to work.
Explanation: This option is likely to be correct because the discovery of oil in Oklahoma attracted individuals looking to invest in the industry. As a result, more jobs were created, luring people to the state for employment opportunities.
B. Because oil fields were in Oklahoma, oil could only be sold in the state.
Explanation: This option is unlikely to be correct since the oil produced in Oklahoma was not meant solely for in-state consumption. Instead, it was sold to various markets outside the state, contributing to Oklahoma's economic growth.
C. The oil field attracted people to work in the state, which meant more businesses were needed to meet the needs of the increased population.
Explanation: This option is likely to be correct since the influx of people drawn to Oklahoma for work opportunities resulted in increased demand for goods and services. This, in turn, led to the establishment of new businesses to cater to the needs of the growing population.
D. Oklahoma had more oil than any other state, so surrounding states would send money to support the economy of Oklahoma.
Explanation: This option is unlikely to be correct as Oklahoma having more oil than any other state would not directly result in surrounding states sending money to support its economy. Economic transactions and investments were more likely to occur between businesses and individuals, rather than entire states providing financial support.
Based on the above analysis, options A and C are likely to be correct in explaining how the oil industry contributed to Oklahoma's economic growth during the early 1900s.