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 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 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 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 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.