Economic Changes In Texas

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The evolution of changes in Texas has significantly changed our economy throughout the years. Texas is defined by being the second largest state in the union, if also has the second most populous. Texas has many urban areas, rapidly growing and becoming more diverse. The economy of high technology, industries and oil. In my perspective, the population and economy will continue gradually to increase shaping Texas to one of the most important states in the United states. Texas is filled with many opportunities for our society. It has undergone dramatic changes, including political change in culture, economy, new technology innovations and cultivation.
One of the contributions to population change in Texas has been our political culture.
…show more content…
In railroads, steam, steal transformation, gasoline combustion, electricity, market nationalizing and oil industry. All these transformations have helped defined Texas economy over the last 150 years. Cotton, being the oldest crops has cultivated the cotton industry. Cotton production has a played a major role Texas farmers. Among another contribution to the economy is the Ranching production. This is something that significantly has been important in Texas, will remain important and continue to grow. Most Latinos since the 19th century immigrated to Texas to work in the emerging cotton, farming production for a better opportunity. Since the 19th century the Latino population have constituted a great part of different cities in Texas. The oil and gas industry has transformed our social and economy of Texas. It has been a rapid industrialization, companies for example, Gulf Coast, Magnolia Petroleum, Exxon, Chevron are just a few that have increased production since 1929. The oil itself has had its fluctuations in years, example seen on Table 1.2 in the textbook. It’s predicted that this year 2017 oil and gas will slowly improve in the market. Furthermore, creating more jobs in the oil field regulates the economy for everyone. In addition, Nafta is an international trade agreement that was signed in 1992, for a free trade zone for trade between Mexico and Texas, that is very important for Texas. I believe more and more people will continue to come to Texas for a better opportunity and contribute to our economy. Not sure how easy this will be for them with everything that we are facing with all the political

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