Analyze the impact of significant industries in Texas such as aerospace, medical, and computer technologies on local, national, and international markets.
Explain the impact of economic concepts within the free enterprise system such as supply and demand, profit, and world competition on the economy of Texas.
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Q 1/20
Score 0
The Texas economy is a leader in medical advancement including which hospital that is a leader in cancer research?
30
Austin Regional Hospital
Seton Hospital
Scott & White Hospital
MD Anderson Hospital
Q 2/20
Score 0
If Country A has ranching and cattle and Country B does not, which of the following is true?
30
Country A is more likely to purchase more Texas cattle than Country B
Country B is in direct competition with Texas ranchers for cattle markets
Country B is a potential market for Texas cattle
Country A is a potential market for Texas cattle
20 questions
Q.
The Texas economy is a leader in medical advancement including which hospital that is a leader in cancer research?
1
30 sec
113.19.12.C
Q.
If Country A has ranching and cattle and Country B does not, which of the following is true?
2
30 sec
113.19.12.A
Q.
Saudi Arabia and other Middle Eastern countries produce oil. When these countries produce more oil, which of the following is a direct result?
3
30 sec
113.19.12.A
Q.
People in other countries depend on Texas for which of the following?
4
30 sec
113.19.12.A
Q.
Bill and Tom are friends. Bill works for an oil company but Tom works as a delivery man. As oil prices increase, Bill is happy as he is getting bonuses and better paychecks. Tom may feel which of the following?
5
30 sec
113.19.12.A
Q.
Which of the following is the best description of how the Oil Embargo of 1973 affected Texans?
6
30 sec
113.19.12.A
Q.
When a Texan starts a business, there are costs, income, and profits. Which of the following is a good definition of profit?
7
30 sec
113.19.12.B
Q.
A business is only successful if which of the following occurs?
8
30 sec
113.19.12.B
Q.
For the Texas economy to thrive its exports must do what?
9
30 sec
113.19.12.B
Q.
The higher the demand for something is, then ________________________________ .
10
30 sec
113.19.12.B
Q.
When the supply of a product is low, then the demand for the product usually does which of the following?
11
30 sec
113.19.12.B
Q.
A successful business in Texas does which of the following?
12
30 sec
113.19.12.B
Q.
When a company in Texas has to add railings to walkways or resurface a slippery floor in a factory, these expenses are considered which of the following?
13
30 sec
113.19.12.B
Q.
What government industry is based in Houston that greatly improves the Texas economy?
14
30 sec
113.19.12.C
Q.
Which major computer company is based in Austin, Texas?
15
30 sec
113.19.12.C
Q.
Which best describes Texas exports?
16
30 sec
113.19.12.C
Q.
The first four highest exports from Texas are related to the oil industry but the fifth largest export from Texas is which of the following?
17
30 sec
113.19.12.C
Q.
Which of the following is a logical result from NASA being based in Texas?
18
30 sec
113.19.12.C
Q.
What professionals would be attracted to Texas by MD Anderson Cancer Research Hospital?
19
30 sec
113.19.12.C
Q.
Businesses like NASA, Computer Companies and MD Anderson Cancer Research Hospital attract people to Texas that value which of the following?
