Focus Points: Texans exports the most in the nation.
Supply and demand drives producers to produce goods and services.
Supply and demand is an excellent economic process.
Business will produce goods based on the demands of the consumer.
When a business makes a profit, it will be able to hire more employees and employees can learn new skills and increase their pay and lifestyle.
Look back at the supply and demand of cattle after the Civil War.
Limited government is important so that Texans can achieve their dreams.
Which statement best identifies how world competition contributes to the interdependence of the Texas economy?(1 point)