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Gold mining will provide gold, which is highly valued, to the people. One point is that when people buy gold, it will continue the currency flow and spendings, which will improve the economy and not let it fall into a recession. Gold can also be exported to countries where gold cannot be found as a natural resource, which definitely increases its trade market.
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How did the gold rush affect Canada?
The Gold Rush in Canada helped boost the economy. This gold rush also brought a lot of people into Canada.
How did the Navigation Acts affect the colony economy?
The Navigation Acts affected the colonial economy because it made the construction of canals cheaper.
How did the gold the gold rush affect California?
It affected the population. It changed from a small amount to an abundance.
Why was rice referred to ad Carolina gold?
It helped the economy grow and the colony to prosper.
How dis the war industries board (WIB) affect the American economy?
it curtailed free enterprise.
How did the gold rush affect Canada?
The Gold Rush in Canada helped boost the economy. This gold rush also brought a lot of people into Canada.
How Gold affect the south african economy?
Gold affects the South African economy in a wide variety of ways. The South African economy is not doing well and is not very prosperous. The abundance of gold greatly improves the economy.
What country affect the us economy?
All countries affect the US Economy in some measure, but particularly Japan, Britain, Canada and Mexico.
How did the gold strike affect the economy of New Zealand?
It's affects because there is a gold that people get in working place and economy is getting less
How did the discovery of gold affect california's economy?
Gold financed the development of farming, manufacturing, shipping, and banking.
Why is Gold important to the Canadian economy?
because if there wasn't gold in Canada there would not be jewelry. They use it for special art. And also Canada will not be able to import or export gold.
How did Jacques Cartier's fool's gold and "Canadian diamonds" affect the French view of Canada?
maybe he thought he found gold but turned out it ws not gold
How does gold affect the South African economy?
It affects it very much ,because mining creates thousands of jobs and most of S.A's gold is stored in the reserve bank which means it is a vital part of S.A's economy
How did Mansa Musa's hajj affect the Egyptian economy?
His gold in Cavio were so lavish that the metal was devalved in Egypt.
Which type of economy exists in Canada?
The U.S. and Canada have a free market economy.
How does gold mining affect first nations in Canada?
Gold Mining increases First Nation political power, job opportunities and wealth.
How does the marketing affect the economy?
how does affect the all economy
