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The drought that began in 2011 had a severe impact on the state of Texas. Explain the impact the drought had on the Texas economy, specifically identifying the effects on land-based industries, as well as the indirect effects for other industries and for urbanization within the state. What role should state government, industries, and individuals play in managing Texas's water supply?
Manufacturing Tools
Instruments, machines, or related items used in the manufacturing process to produce goods and products.
Obsolete
Refers to products, technologies, or methods that are out-of-date or no longer in use.
Simple Interest Loan
A loan where interest is calculated only on the principal amount, not on accumulated interest.
Net Advantage To Leasing
The financial benefits that accrue to a business when leasing assets as opposed to purchasing them, often considered in terms of cost savings and tax advantages.
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