A)Why was Beaumont, Texas, called a boomtown during the early 1900s?(1 point)

Question

A)Why was Beaumont, Texas, called a boomtown during the early 1900s?(1 point)

Responses

Within a year of the discovery of oil near Beaumont, the town experienced significant increases in its population, economic activity, and business investment.
Within a year of the discovery of oil near Beaumont, the town experienced significant increases in its population, economic activity, and business investment.

Land prices in Beaumont increased from $150 per acre to nearly $20,000 per acre after a large oil gusher was discovered in the middle of the town.
Land prices in Beaumont increased from $150 per acre to nearly $20,000 per acre after a large oil gusher was discovered in the middle of the town.

Patillo Higgins and other investors wanted to build a manufacturing community in Beaumont because they predicted large oil deposits were located there.
Patillo Higgins and other investors wanted to build a manufacturing community in Beaumont because they predicted large oil deposits were located there.

Pennsylvania investors funded oil camps for small drilling companies to live in Beaumont while searching for oil deposits along the Gulf Coast of Texas.
Pennsylvania investors funded oil camps for small drilling companies to live in Beaumont while searching for oil deposits along the Gulf Coast of Texas.

Answer 1

All of the above responses explain why Beaumont, Texas, was called a boomtown during the early 1900s. The discovery of oil near Beaumont led to significant population growth, economic activity, and business investment. The increase in land prices after the oil discovery also contributed to the boom. Additionally, investors predicted large oil deposits in the area and funded oil camps for drilling companies in Beaumont.