A new technique for extracting oil and gas-called "fracking"-spurred an economic boom in the formerly sleepy town of Smallburg, located in what had been thought to be a depleted oil field. Workers swarmed into the town, and Jeanie started a laundry service to meet their needs. In this case, Jeanie had spotted an entrepreneurial opportunity created by the new extraction technique, or a ________, which in turn created an oil boom, or a(n)________.
A)technological discovery; economic dislocation
B)technological discovery; government initiative
C)government initiative; lifestyle change
D)technological discovery; lifestyle change
E)calamity; economic dislocation

Question

Quizplus · Accepted Answer

Jeanie recognized a business opportunity arising from a technological discovery (fracking) that led to an economic boom (economic dislocation) in Smallburg.

A New Technique for Extracting Oil and Gas-Called "Fracking"-Spurred an Economic