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As of 2015, it has the second most Fortune 500 company headquarters (54) in the United States.

Texas developed a diversified economy and high tech industry during the mid-20th century. It was ultimately, though, the discovery of major petroleum deposits ( Spindletop in particular) that initiated an economic boom which became the driving force behind the economy for much of the 20th century. In the later 19th century, cotton and lumber grew to be major industries as the cattle industry became less lucrative.

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Civil War, the cattle industry-which Texas came to dominate-was a major economic driver for the state, and created the traditional image of the Texas cowboy. Historically, four major industries shaped the Texas economy prior to World War II: cattle and bison, cotton, timber, and oil.

After the Civil War and the restoration of its representation in the federal government, Texas entered a long period of economic stagnation. in early 1861, and officially joined the Confederate States of America on March 2 of the same year. A slave state before the American Civil War, Texas declared its secession from the U.S. The state's annexation set off a chain of events that led to the Mexican–American War in 1846. In 1845, Texas joined the union as the 28th state. Mexico controlled the territory until 1836 when Texas won its independence, becoming the Republic of Texas. Spain was the first European country to claim and control the area of Texas. The term ' six flags over Texas' refers to several nations that have ruled over the territory. Traveling from east to west, one can observe terrain that ranges from coastal swamps and piney woods, to rolling plains and rugged hills, and finally the desert and mountains of the Big Bend. Most of the population centers are in areas of former prairies, grasslands, forests, and the coastline. southwestern deserts, less than ten percent of Texas's land area is desert. Although Texas is popularly associated with the U.S. ĭue to its size and geologic features such as the Balcones Fault, Texas contains diverse landscapes common to both the U.S. The origin of Texas's name is from the Caddo word táyshaʼ meaning 'friends'.

The Lone Star can be found on the Texas state flag and on the Texas state seal. Texas is nicknamed the Lone Star State for its former status as an independent republic, and as a reminder of the state's struggle for independence from Mexico.

Other major cities include Austin, the second most populous state capital in the U.S., and El Paso. Dallas–Fort Worth and Greater Houston are, respectively, the fourth- and fifth-largest metropolitan statistical areas in the country. Houston is the most populous city in Texas and the fourth-largest in the U.S., while San Antonio is the second most populous in the state and seventh-largest in the U.S. Texas shares borders with the states of Louisiana to the east, Arkansas to the northeast, Oklahoma to the north, New Mexico to the west, and the Mexican states of Chihuahua, Coahuila, Nuevo León, and Tamaulipas to the south and southwest and has a coastline with the Gulf of Mexico to the southeast. state by both area (after Alaska) and population (after California). At 268,596 square miles (695,662 km 2), and with more than 29.1 million residents in 2020, it is the second-largest U.S. Texas ( / ˈ t ɛ k s ə s/, also locally / ˈ t ɛ k s ɪ z/ Spanish: Texas, Tejas ) is a state in the South Central region of the United States.

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