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merchants or people who owned stores were however the people who made the most money in the California gold rush, because they made the miners who were looking for gold pay extra for food and shelter because the miners had no choice but to pay for these things!
more people got poor because they did not find much gold and since the prices went up like up to $100.00 a drink people could not afford it so many people died and the people that did not find all that much gold just wasted their money coming there that they had before from the money they earned at their farms.
Virtually everyone benefitted from a gold rush except for the miners themselves. You see, blacksmiths wee required to make tools, transport services to transport, bakers and food suppliers to feed the miners, and So on and so forth. However, gold was very scarce in finding. Obviously, though, those that found gold did benefit from the gold rush- but in most cases, they wasted their money on things such as drinks and women- so, in a way, the gold diggers were, in fact, the community itself.
The merchants who sold goods to the farmers made the largest prices, because even though some miners found large amounts of gold, the vast majority of them did not. Also, since supplies were scarce do to the droves of miners living in the Californian territory, merchants were able to sell necessary supplies at sky-high prices.
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On whose land was gold found in California in 1848?
After gold was discovered in California, many people decided to become forty-niners, or people who went to California to find gold, starting in 1849.
How many people actually struck gold during the gold rush?
Not very many it was actually difficult to become instantly rich
How many people do you need to become a state?
5
What was the Gold Rush and how did it affect California?
The Gold Rush occured when gold was dicovered at the Sutter's Mill in California. Many people came to California very quickly to try and become rich. It greatly affected California with its population. Over 50,000 people came to California in one year! In 1850 (only 2 years later), California had to become its own state just because of the great increase in population.
In the late 1840s a gold rush led many people to move to?
California (the west)
What kind of terrain was there when the gold rush started?
What gold rush are you talking about ? Californian Otago Alaskan Brazilian Australian South African and guess there were many more in the world
Why the Gold Rush was important to the expansion of the U.S.?
The Gold rush attracted people from all over the world to California. Many of these people never became rich from gold mining, but stayed to become a part of California.
How did people get convinced to come to Australia during the Australian Gold Rush?
Many peoe did not take much convincing. Newspapers around the world ran the headlines about the "new" Australian goldrush (as opposed to the Californian goldrush which, by then, had disillusioned many). Stories of just being able to reach down and scoop handfuls of alluvial gold nuggets from the surface abounded, and people were gullible enough to believe them.
On whose land was gold found in California in 1848?
After gold was discovered in California, many people decided to become forty-niners, or people who went to California to find gold, starting in 1849.
When will gold become extinct?
There is no way to know when gold will become extinct one. Many scientists predict that silver will become first.
How many people actually struck gold during the gold rush?
Not very many it was actually difficult to become instantly rich
Why didnt many fourtyniners become rich?
Finding gold is tough. Most of the gold was found by relatively few miners. There were thousands of people panning gold on the same rivers, and there just wasn't enough gold for everyone.
Where did the world 49rs come from?
1849 was when gold was found in California and many people went to California to try to become rich.
Where can Californian beach homes be bought?
Californian beach homes can be bought in many different places. There will be places in and around the area where the homes are built and there are also many websites online that help you purchase homes. One website is bcre, which can be used to look at many different Californian beach homes.
Why didnt many forty niners become rich?
Finding gold is tough. Most of the gold was found by relatively few miners. There were thousands of people panning gold on the same rivers, and there just wasn't enough gold for everyone.
How many people believed that the fool's gold was gold during the Gold Rush?
1
Did many people find gold?
Lots of people found gold. Few of them found lots of it.
