“Money is very scarce in Texas; not one in ten sales are made for cash . . . Trade is daily increasing, owing to the large crops of
cotton . . .” —Colonel Juan Almonte, 1834 report to the Mexican government on Texas
“If they [settlers in Texas] want any article of first necessity, coffee, for instance . . . they will send some of their chickens, butter,
and eggs to a neighboring family newly arrived, and propose an exchange.” —Mary Austin Holley, from Texas: Observations, Historical, Geographical, and Descriptive, 1833
What was one common feature about Texas economic activity in the 1830s that both Juan Almonte and Mary Austin Holley
addressed in their writings? (1 point)
Most Texans were able to produce their own manufactured goods and luxury items.
The Texas economy was a cash-based system.
Texas depended on an economy based on enslaved labor.
Texans relied on a barter system to exchange goods.