Thalia's economy benefited from the Texas oil boom of the 1920s, but later suffered from drought, the Great Depression, and a drop in oil production. The high school shut down in 1943, and the post office was closed by 1960.
Thalia's economy experienced growth during the Texas oil boom of the 1920s but faced setbacks from drought, the Great Depression, and a decrease in oil production. The high school ceased operations in 1943, and the post office was closed by 1960.