Which of the following economic growth patterns have benefited both the Gulf Coast and North Texas?

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Expert Solution

As we know that half of the seafood US consumes comes from the Gulf cost. It provides employment to large section of the coastal residents. They earn a good deal of income from the fish trade. Texas on the other hand is the maritime state. Texas is as diverse in terms of industry, culture and geography as it is big - each region, county and city has something unique to offer. From energy to health care, aerospace and information technology etc activities are done in Texas. Some of the major industries in the state of Texas include petroleum and natural gas, farming, steel, banking, and tourism. Most of these industries require postsecondary training, although the amount of education needed depends on the specialization.

As we know Texas records the higest growth rate of 4 % over the year 2020. The economy of Texas is the second largest in the United States.Texas would be the 10th largest economy in the world by GDP (ahead of South Korea and Canada).

The correct option is (c).

Hope you got the answer.

Kindly comment for further explanation.

Thanks!

Rahul Sunny answered 2 years ago

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