Business, 31.07.2019 15:00, ashiyah74

Low taxes and low services, pro-business and free market government caused texans to experience the

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Low taxes and low services, pro-business and free market government caused texans to experience the Texas economic miracle.

Further Explanation:

economy in Texas:

The economy of Texas is the second biggest in the United States. ... As a sovereign nation (2016), Texas would be the tenth biggest economy on the planet by GDP (in front of South Korea and Canada). Texas' family unit pay was $48,259 in 2010 positioning 25th in the country.

Texas economic miracle:

The Texas economy stays in a wide based extension. The state's vitality segment keeps on blasting, and territories of the state attached to oil and gas are developing at their most grounded pace since 2014. In 2017 administrators considered a purported "washroom charge" that would have directed transgender individuals' utilization of open offices.

Top 10 Cities with the Best Economies for Families:

1.Austin, Texas. The mystery is out–Austin is an incredible spot to live and work. ...

2.Omaha, Nebraska.

3.San Antonio, Texas.

4.Houston, Texas.

5.Salt Lake City, Utah.

6.Madison, Wisconsin.

7.Arlington, Virginia/Washington, D.C.

8.Dallas, Texas.

Economic Impact on Texas:

WWI greatly affected Texas and the requirement for oil. ... Texan ranchers gave new zones of their property for extra nourishment crops. War ventures set up in the state gave an impermanent advantage to the country.

Subject: business

Level: High School

Keywords: economy in Texas, Texas economic miracle,Top 10 Cities with the Best Economies for Families, Economic Impact on Texas.

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answered: Thejollyhellhound20

The correct answer is the Texas economic miracle.

Low taxes and low services, pro-business and free-market government caused Texans to experience the Texas economic miracle.

Further Explanation:

Texas economic miracle

The Texas economic miracle was a wide-based extension, and it was a considerableboom period for the Texans. The Texans grew due to the economic boom or the economic growth in the country. The education sector to employment rate increased due to the economic miracle and the low-tax and low services, and the pro-business performance and the economy got huge growth at the time of the economic miracle.

Texas economy:

The Texas economy is the second-largest economy in the U.S after California. And as a sovereign country, Texas stands on the tenth position as the largest economy in terms of Gross Domestic Product (GDP) in the world in 2016. Texas has the most significant exports, and the country is rich in oil and petroleum, and with many more precious natural resources. Texas stands at the number eight position in countries that produce oil and gas. Nearly forty percent (40%) of the states’ economy has a share of oil and gas.

Learn More:

1. GDP and Taxes

2. Tax from selling property

3. State income tax

Answer Details:

Grade: High school

Chapter: Texas economy

Subject: Business studies

Keywords: Low taxes and low services, pro-business and free-market government caused Texans to experience the Texas economic miracle, boom period for the Texans, economic growth, GDP, the second-largest economy in the U.S., tenth most significant in the world in 2016.

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