Short Answer
Note: Your teacher will grade your responses to ensure you receive proper credit for your answers.
Describe four causes of the Great Depression. Then explain how the Great Depression impacted Oklahoma.
Four causes of the Great Depression were:
1. Stock market crash of 1929
2. Banking panics and failures
3. Reduction in consumer spending
4. Drought and agricultural collapse in the Midwest
The Great Depression impacted Oklahoma in significant ways. The state, already suffering from the Dust Bowl and agricultural struggles, experienced widespread poverty and unemployment. Many farmers lost their land due to foreclosures and had to migrate to other states in search of work. The state's economy was heavily reliant on agriculture, and the collapse of the farming industry exacerbated the economic downturn. The depression also led to a decrease in oil prices, which further hurt Oklahoma's economy as it was a major oil-producing state. Ultimately, the Great Depression had a devastating impact on Oklahoma, leading to increased poverty, unemployment, and social unrest.
Explain how the discovery of oil changed Oklahoma. Include the types of jobs that are found in the oil industry.
The discovery of oil in Oklahoma had a transformative impact on the state's economy, society, and culture. The oil industry brought significant wealth and prosperity to Oklahoma, creating jobs, boosting economic growth, and attracting investment. The influx of oil-related revenue helped fund infrastructure projects, education, and public services, contributing to the state's overall development.
In terms of jobs, the oil industry in Oklahoma offers a variety of employment opportunities. Some common jobs found in the oil industry include:
1. Petroleum engineers: Responsible for designing and overseeing the extraction process of oil and gas from underground reservoirs.
2. Geologists and geophysicists: Study the Earth's subsurface to locate potential oil and gas reserves.
3. Drillers and rig operators: Operate drilling equipment to extract oil from wells.
4. Refinery workers: Process crude oil into various petroleum products, such as gasoline, diesel, and jet fuel.
5. Environmental scientists: Ensure that oil drilling and production activities comply with environmental regulations and minimize negative impact on the environment.
6. Logistics and supply chain professionals: Coordinate the transportation and distribution of oil and gas products.
Overall, the discovery of oil in Oklahoma not only reshaped the state's economy but also played a crucial role in shaping its identity as a major player in the energy industry.