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
I think the answers are B and D.
No.
Apparently you have not read your assignment -- or even understood the questions and answers.
Actually, the correct answers are A and C. Let me explain how to arrive at the correct answers:
A. The oil field attracted investors and wildcatters, which meant more jobs to bring people to the state to work.
During the early 1900s in Oklahoma, the discovery of oil fields attracted investors and wildcatters who were willing to take risks to find and extract oil. This influx of investors and wildcatters led to the creation of numerous jobs in the oil industry, including drilling, refining, transportation, and related services. As a result, there was an increased demand for workers, which brought people from different states to Oklahoma for employment opportunities.
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.
The oil boom in Oklahoma led to a significant population increase as people came to the state seeking employment in the oil industry. With the arrival of more workers, there was a greater need for services and businesses to cater to the growing population. This created new business opportunities and stimulated economic growth in other sectors of the economy, such as retail, housing, healthcare, and infrastructure development.
B and D are not correct:
B. Because oil fields were in Oklahoma, oil could only be sold in the state.
This statement is incorrect. The oil industry in Oklahoma was not limited to selling oil only within the state. In fact, Oklahoma became a significant oil producer and exporter, and oil was transported to various regions and markets outside of the state, contributing to the economic growth not just within Oklahoma, but also in national and international markets.
D. Oklahoma had more oil than any other state, so surrounding states would send money to support the economy of Oklahoma.
This statement is also incorrect. While Oklahoma did have significant oil reserves, it did not receive monetary support from surrounding states. Instead, the oil industry in Oklahoma primarily contributed to its own economic growth by attracting investors, creating jobs, increasing population, and stimulating additional business activities within the state.
Therefore, the correct answers are A and C.