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Boom periods of the four major industries that built the early Texas economy. Historically four major business enterprises shaped the Texas economy prior to World War II: cattle and bison, cotton, timber, and oil. [15] The first enterprise to enjoy major success in Texas was cattle and bison. In the early days of Anglo-American settlement, furs ...
With a large supply of natural resources, Texas is a major agricultural and industrial state, producing oil, cattle, sheep, and cotton. The state also produces poultry, eggs, dairy products, greenhouse and nursery products, wheat, hay, rice, sugar cane, and peanuts, and a range of fruits and vegetables. [18]
Location of Texas. Texas is a state in the South Central region of the United States. The region's second-quarter 2018 gross state product was 8.6% of the GDP of the country at $1.755 trillion, with significant growth in mining, quarrying, and oil and gas extraction. [1]
Texas and Arkansas are among the higher producers of spinach in North America and form the eastern limit of large scale commercial production. [18]: 3 Major spinach pests here include Myzus persicae (Sulzer), Pegomya spp., and Circulifer tenellus (Baker). [18]: 3 Texas is the westernmost limit of commercial okra production.
Boom periods of the four major industries that built the early Texas economy. The oil boom had substantial and long-lasting effects on the Texan economy. Oil-rich regions in Texas and adjacent states saw increased employment in the mining industry, but also growth in manufacturing and services.
Historically, five major industries shaped the Texas economy prior to World War II: cattle, bison, cotton, timber, and oil. [15] Before and after the Civil War, the cattle industry—which Texas came to dominate—was a major economic driver and created the traditional image of the Texas cowboy.
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The economy of Houston is based primarily on the energy industry, particularly oil.However, health care, biomedical research, and aerospace also constitute large sectors. In 2021, the gross domestic product (GDP) of the Houston–The Woodlands–Sugar Land metropolitan statistical area (MSA) was 537 U.S. dollars billion, the fourth-largest of any metro area in the United States. [1]