Texas's Economy and Industries Unit Test
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Question
Use the chart to answer the question.
Limited government involvement promotes independent choice for consumers and businesses.
The law of supply and demand increases competition among companies and helps maintain stable prices.
Global competition encourages companies to consider how they can increase their profit margin by limiting production costs, adjusting prices, and providing a quality product for consumers.
Which of the following titles would best complete this chart?
(1 point)
Responses
Effects of the Discovery of Oil at Spindletop
Effects of the Discovery of Oil at Spindletop
Principles of a Free Enterprise System
Principles of a Free Enterprise System
Developments in the Aeronautics and Aerospace Industries
Developments in the Aeronautics and Aerospace Industries
Causes of a Boom-and-Bust Cycle
Causes of a Boom-and-Bust Cycle