History

7.7(B)

Texas Boom-and-Bust Cycles

Define and trace the impact of "boom-and-bust" cycles of leading Texas industries throughout the 20th and early 21st centuries such as farming, oil and gas production, cotton, ranching, real estate, banking, and computer technology.

Part of The student understands how individuals, events, and issues shaped the history of Texas during the late 19th, 20th, and early 21st centuries

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Intro

Boom and Bust in Texas

By the end of this lesson you will define a boom-and-bust cycle and trace its impact on leading Texas industries in the 20th and early 21st centuries. A boom-and-bust cycle happens when an industry grows fast and profits big, then suddenly shrinks and loses money.