Which of these statements best explains the conclusions that Colonel Juan Almonte made about the Texas economy in 1834?(1 point) Responses The Texas economy was growing despite the scarcity of real money. The Texas economy was growing despite the scarcity of real money. The Texas economy improved due to an efficient system of roads and waterways. The Texas economy improved due to an efficient system of roads and waterways. The Texas economy was based on the exchange of agricultural products for cash in local settlements. The Texas economy was based on the exchange of agricultural products for cash in local settlements. The Texas economy prospered because settlers manufactured goods and luxury items that were exported to the United States and Mexico.

Question

Which of these statements best explains the conclusions that Colonel Juan Almonte made about the Texas economy in 1834?(1 point) Responses The Texas economy was growing despite the scarcity of real money. The Texas economy was growing despite the scarcity of real money. The Texas economy improved due to an efficient system of roads and waterways. The Texas economy improved due to an efficient system of roads and waterways. The Texas economy was based on the exchange of agricultural products for cash in local settlements. The Texas economy was based on the exchange of agricultural products for cash in local settlements. The Texas economy prospered because settlers manufactured goods and luxury items that were exported to the United States and Mexico.

Answer 1

The Texas economy was based on the exchange of agricultural products for cash in local settlements.

Answer 2

To determine which statement best explains the conclusions made by Colonel Juan Almonte about the Texas economy in 1834, we can analyze the options provided.

Statement 1: "The Texas economy was growing despite the scarcity of real money."
Statement 2: "The Texas economy improved due to an efficient system of roads and waterways."
Statement 3: "The Texas economy was based on the exchange of agricultural products for cash in local settlements."
Statement 4: "The Texas economy prospered because settlers manufactured goods and luxury items that were exported to the United States and Mexico."

Based on these statements, it appears that the most relevant and comprehensive explanation is provided by Statement 4. This statement suggests that the Texas economy thrived due to settlers manufacturing goods and luxury items that were exported to the United States and Mexico.

To arrive at this conclusion, you could have analyzed historical documents or research related to Colonel Juan Almonte's observations of the Texas economy during that period. By considering factors such as the scarcity of real money, the efficiency of roads and waterways, the exchange of agricultural products for cash, and the manufacturing and export of goods, you can determine which statement aligns best with the conclusions made by Colonel Juan Almonte.

Answer 3

The statement that best explains the conclusions that Colonel Juan Almonte made about the Texas economy in 1834 is:

"The Texas economy was based on the exchange of agricultural products for cash in local settlements."