What weapons does Texas produce? Some are given to Ukraine
Texas is the second largest and second most populous state in the USA. The economy of Texas is the second largest by GDP in the USA after California. The highest growth in nominal GDP in 2023 occurred in Wyoming (16.4%) and Texas (15.1%). California, on the other hand, showed a growth of 6.6%, which is more than twice as less.
In 2022, Texas led the country in the number of Fortune 500 companies (an annual list of the 500 largest American corporations ranked by gross revenue) - a total of 53. The state of New York fell from 1st to 2nd place with 51 Fortune 500 companies. California, with 50 companies, ranks third.
As of 2021, Texas exported goods and services worth more than $300 billion annually - more than California ($175 billion) and New York ($100 billion) combined. The trend continued in 2023 - Texas exported $445 billion, while California exported $179 billion in second place, Louisiana with $100 billion in third place, and New York with $98 billion in fourth place.
This is a remarkable achievement - Texas has led the country as the #1 exporting state for over 20 consecutive years. In this video, we will tell the story of a state that went from an independent slave-owning republic to one of the most successful regions in the USA that aims to take the lead from California. And what economic freedom has to do with it.
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00:00 Introduction
04:02 Governor of Jamaica’s Expedition in Texas 1519
05:55 Spain appoints the first governor of Texas 1691
09:03 Mexico's independence and Texas as part of it
11:14 Order of the President of Mexico to free slaves
12:48 Texas Revolution 1835
13:47 Independence of the Republic of Texas
16:11 Annexation of the Republic of Texas by the USA
19:29 Integration of Texas into the USA
21:13 Texas secedes from the Union
22:52 Confederate States of America and the Civil War
24:58 Texas economy after the war
28:51 Emergence of railroads
32:50 Oil boom
37:54 World War II changed Texas
39:26 Texas today. Economy
44:01 Full-scale war in Ukraine and Texas defense industry
48:20 Population and economic development
52:11 Business climate in Texas
56:16 Relocation of large businesses to Texas (including from California)
58:03 Unemployment, salary, cost of living, inflation
01:01:14 Education. Universities
01:03:54 Healthcare system
01:05:03 Sports. NFL, NBA, NHL
01:09:19 Religion
01:10:19 Challenges for Texas
01:14:48 Lessons for Ukraine
#Texas #USA #California
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