Economics

7.12(A)

Texas Markets Near and Far

Explain the impact of national and international markets on the production of goods and services in Texas, including agriculture and oil and gas.

Part of The student understands the interdependence of the Texas economy with the United States and the world

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Intro

Markets Shape Texas Production

By the end of this lesson, you will explain how national and international markets change the production of goods and services in Texas, including agriculture and oil and gas. A market is any place where buyers and sellers trade, from a local store to a busy port.