Which option best traces the sequential development of boom-and-bust cycles in Texas?(1 point)
Responses
Industries and the economy boom, and people pour money into the economy. When supply begins to outweigh demand, the economy busts, and many people begin to struggle financially.
Industries and the economy boom, and people pour money into the economy. When supply begins to outweigh demand, the economy busts, and many people begin to struggle financially.
Industries and the economy boom, and people put money into the economy. When demand begins to outweigh supply, the economy busts, and many people begin to struggle.
Industries and the economy boom, and people put money into the economy. When demand begins to outweigh supply, the economy busts, and many people begin to struggle.
Industries and the economy boom, and people stop buying and putting money into the economy. When supply begins to outweigh demand, the economy busts, and many people start buying more.
Industries and the economy boom, and people stop buying and putting money into the economy. When supply begins to outweigh demand, the economy busts, and many people start buying more.
Industries and the economy bust, and people pour money into the economy. When supply begins to outweigh demand, the economy booms, and many people begin to struggle.
Industries and the economy boom, and people pour money into the economy. When supply begins to outweigh demand, the economy busts, and many people begin to struggle financially.
Real estate is connected to the greater economy. When the economy is booming, people can afford to purchase real estate. When it busts, many people stop purchasing.
Cotton cycles are based on supply and demand. When demand is high, the industry booms, but when it is low, the industry busts.
a boom-and-bust cycle
Answers shortened:
Industries and the economy boom, and people pour money into the economy. When supply begins to outweigh demand, the economy busts, and many people begin to struggle financially.
Real estate is connected to the greater economy. When the economy is booming, people can afford to purchase real estate. When it busts, many people stop purchasing.
Cotton cycles are based on supply and demand. When demand is high, the industry booms, but when it is low, the industry busts.
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.
a boom-and-bust cycle
Which option best identifies why the sequential development of the boom-and-bust cycle in the Texas real estate industry occurs?(1 point)
Responses
Real estate is connected to the greater economy. When the economy is busting, many people can afford to purchase real estate. When it booms, many people stop purchasing.
Real estate is connected to the greater economy. When the economy is busting, many people can afford to purchase real estate. When it booms, many people stop purchasing.
Real estate is connected to the greater economy. When the economy is booming, people can afford to purchase real estate. When it busts, many people stop purchasing.
Real estate is connected to the greater economy. When the economy is booming, people can afford to purchase real estate. When it busts, many people stop purchasing.
Real estate is connected to the cotton industry. When cotton is booming, most people can afford to purchase real estate. When it busts, many people stop purchasing.
Real estate is connected to the cotton industry. When cotton is booming, most people can afford to purchase real estate. When it busts, many people stop purchasing.
Real estate is connected to the oil industry. When oil is booming, most people can afford to purchase real estate. When it busts, many people stop purchasing.
Which option best identifies why the sequential development of the boom-and-bust cycle in the Texas cotton industry occurs?(1 point)
Responses
Cotton cycles are based on supply and demand. When demand is high, the industry booms, but when it is low, the industry busts.
Cotton cycles are based on supply and demand. When demand is high, the industry booms, but when it is low, the industry busts.
Cotton cycles are based on supply and demand. When demand is high, the industry busts, but when it is low, the industry booms.
Cotton cycles are based on supply and demand. When demand is high, the industry busts, but when it is low, the industry booms.
Cotton cycles are based on the fashion industry. When more cotton clothes are produced, the industry booms, but when less are produced, it busts.
Cotton cycles are based on the fashion industry. When more cotton clothes are produced, the industry booms, but when less are produced, it busts.
Cotton cycles are based on production. When production is low, the industry booms, but when it is high, the industry busts.
Which of the following statements accurately explains how the boom-and-bust cycle affected a specific set of Texas industries?(1 point)
Responses
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 the railroad industry resulted in busts in both the cattle and cotton industries as pastures and farmland were destroyed to build railways.
A surplus of open-range cattle during and after the Civil War resulted in a boom in both the cattle and cotton industries.
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 land sales and home builds in the real estate industry took away land for pastures, contributing to a bust in the cattle industry.
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.
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.
Which economic concept describes a period of rapid economic growth and profits followed immediately by a period of decline in economic growth and profits?(1 point)
Responses
the free enterprise system
the free enterprise system
a recession
a recession
consumer demand
consumer demand
a boom-and-bust cycle