Which of the following statements accurately explains how the boom-and-bust cycle affected a specific
set of Texas industries?(1 point)
A surplus of open-range cattle during and after the Civil War resulted in a
boom in both the cattle and cotton industries.
A boom in the oil and gas industry led to population declines in cities and
fewer home sales, contributing to a bust in the real estate industry.
A boom in the railroad industry resulted in busts in both the cattle and cotton
industries as pastures and farmland were destroyed to build railways.
A boom in land sales and home builds in the real estate industry took away
land for pastures, contributing to a bust in the cattle industry