The 2011 Drought Had a Severe Impact on the State

question 71

Essay

The 2011 drought 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 within the state. Include in your discussion an understanding of how the process of urbanization will most likely be affected.

---

Definitions:

Office Salaries Expense

The costs associated with paying salaries to administrative and office employees.

Indirect Expense

Expenses incurred that are not directly linked to a specific product or service, such as utilities or rent for the business premises.

Service Department Charges

The costs of services provided by an internal service department and transferred to a responsibility center.

Profit Center

A branch or division of a business that is directly responsible for generating its own revenue and profits.