Answer:
This negatively impacted the Texas economy and slowed the state's economic growth.
Step-by-step explanation:
Texas has an economy based on agriculture and oil extraction and refinement. In this case, if the price of these products decreases, Texas suffers a great economic impact, since the production will need to remain large, with the same economic cost, but the economic gain will be smaller and highly damaging to the state's economy. In this case, in addition to impeding economic growth, Texas may face problems such as unemployment, lack of infrastructure, increased poverty, inflation, among other problems.