Question

Within Texas, financial fortunes and real-estate values have been closely tied to the rise and fall of energy prices, although attempts have been made to diversify the state's economy by attracting corporate headquarters and __________________________________. Partly, as a result of this diversification, the economy of the state of Texas has fared better than most during the recent Recession.

Answer 1

Answer:

And high tech industry

Explanation:

High tech industry is developing in Texas at a fast pace. It's still far behind California's high tech industry in Silicon Valley, but it is closing the gap year after year.

In fact, in the state of Texas, there are two areas nicknamed after the Silicon Valley. The Austin area has been nicknamed as the "Sillicon Hills", and North Dallas has been nicknamed as the "Sillicon Prairie".

Some of the most famous tech companies headquartered in Texas are Dell, AT&T, and Rackspace.