Oil and Economic Change in Texas
Oil and Economic Change in Texas
Oil and Economic Change, 1890 – 1945
History 226 Fall 2012
#14
I. Connections a. Memory i. Texans were more innovative and wanting to lead the march into the west. ii. Memory changes from southern memory to Alamo Texas revolution. 1. 1890-1945 attitude changed as Texas Economy grew b. Politics iii. Often been the case that politics either helps or hurts economic iv. Doesn’t have a federal government to actively enforce the 13th, 14th amendments. v. One of the reasons for astounding growth of Houston – federal investment. More willing to go to federal government or state government. vi. Government helps to make a more rational government c. The Beyond vii. Texas influenced by lower south as it moves toward succession. 2. Drug in by succession viii. Economic 3. Markets in Europe cotton 4. Inventions of machines empowered by Petroleum 5. Had there been no market, there would be no oil boom. a. Connections with all of these points. b. All part of the same puzzle 6. Connections between economic things and other prominent features. d. Slight decline in island communities ix. Going to the store, using the railroads through transportation x. Economic change had an effect on social change. 7. Parts of history, parts of transformation process II. Extension of the Market e. Transportation and communication xi. Revolution in the 1840’s 8. Extensive railroad construction and Texas has telegraph, radio and telephone. f. Money and banking xii. Technology of railroads and communications xiii. Texas after the civil war was land rich but cash poor. xiv. Flow of capital was investments. 9. Became easier, had
Oil and Economic Change, 1890 – 1945
History 226 Fall 2012
#14
I. Connections a. Memory i. Texans were more innovative and wanting to lead the march into the west. ii. Memory changes from southern memory to Alamo Texas revolution. 1. 1890-1945 attitude changed as Texas Economy grew b. Politics iii. Often been the case that politics either helps or hurts economic iv. Doesn’t have a federal government to actively enforce the 13th, 14th amendments. v. One of the reasons for astounding growth of Houston – federal investment. More willing to go to federal government or state government. vi. Government helps to make a more rational government c. The Beyond vii. Texas influenced by lower south as it moves toward succession. 2. Drug in by succession viii. Economic 3. Markets in Europe cotton 4. Inventions of machines empowered by Petroleum 5. Had there been no market, there would be no oil boom. a. Connections with all of these points. b. All part of the same puzzle 6. Connections between economic things and other prominent features. d. Slight decline in island communities ix. Going to the store, using the railroads through transportation x. Economic change had an effect on social change. 7. Parts of history, parts of transformation process II. Extension of the Market e. Transportation and communication xi. Revolution in the 1840’s 8. Extensive railroad construction and Texas has telegraph, radio and telephone. f. Money and banking xii. Technology of railroads and communications xiii. Texas after the civil war was land rich but cash poor. xiv. Flow of capital was investments. 9. Became easier, had