For the past six decades, Texas has been in a process of explosive growth. Since 1900 population has more than tripled, from slightly over 3,000,000 to 10,300,000. The key factors in this growth have been the wide diversity of raw materials available for industry and man's recognition of their value as resources. But in 1965, because many of the nation's dynamic new industries are not oriented to raw materials, the people of Texas need to take a new and searching look at those resources which have been the major basis for economic development, for there is already evidence that as a growth factor raw materials are declining in relative importance. For example, outbound shipments of commodities, such as lumber, oil, cotton, and sulfur, no longer contribute anything like as great a share of the state's income as they did formerly.
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Arbingast, Stanley A.
"The Texas Economy,"
Journal of the Graduate Research Center: Vol. 34:
3, Article 5.
Available at: https://scholar.smu.edu/journal_grc/vol34/iss3/5