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Chapter 3 History Test
Terms in this set (19)
Why did the economic changes after the Civil War benefit people from other states more than Louisianian citizens?
Farmers who came from other states to grow rice and out-of-state investors that cut down timber, shipped it elsewhere causing profits to leave the state
What did Andrew Higgins design, and when did his design gain wider use?
He designed a boat that could be used in the state's shallow lakes and bayous. It gained wider use during WWII, when it became important to the U.S. war effort. His manufacturing facility grew rapidly and prospered.
Why is commercial fishing such an important factor in Louisiana's economy?
It accounts for about 25 percent of the entire commercial catch in the U.S. each year. Louisiana seafood, crabs, oysters, and shrimp are enjoyed here and are shipped all over the country. Each year between 10 and 15 pounds of oysters are harvested from Louisiana's waters.
What do people need in the modern world to make them a desired human resource?
An education and specialized training.
Which Louisiana facility handles more than 10 percent of all the crude oil imported into the United States? How is the oil transported to shore?
Superport located twenty miles off coast of Lafourche Parish from supertankers so large they cannot use regular ports. It is transported through underwater pipelines.
Why are sugar and rice farmers not happy with free trade agreements like NAFTA?
Free trade agreements remove tariffs that protect the farmers' share of the market from foreign competitors who can produce it cheaper.
How did mercantilism limit colonial trade?
Colonists were only allowed to purchase goods from the mother nation.
Historically, what were Louisiana's two most important cash crops?
Sugar and Cotton
Which company built Louisiana's first oil refinery? When?
Standard Oil Company; 1909.
Today, what are Louisiana's four most profitable food crops?
Soybeans, corn, Sugarcane, and rice
In Louisiana, what is the most common sawtimber?
What types of Louisiana seafood are harvested by commercial fishermen and shipped all over the country?
Crabs, oysters, and shrimp
How much of the nation's natural gas deposits are in Louisiana?
More than 25 percent
What is Louisiana's rank in the United States in the production of petrochemicals?
What type of industry is tourism?
What term refers to a tax placed on an imported good?
Which index places an annual value on the final goods and services produced in a country?
Gross Domestic Product (GPD)
What is a tariff?
a tax placed on imported goods
What is GDP?
an index that places an annual value on the final goods and services produced in a country (usually one year)
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