What was the economy like during the gold rush?

Answer 1

THE GOLD RUSH IN Alaska WAS AN ENVIRONMENT OF HARSH CONDITIONS. PEOPLE WITH SOME SEED MONEY SET UP SALOONS AND SUPPLY STORES. WORKING MEN SOLD ALL THEY COULD SELL OF THEIR POSSESSIONS IN THE CONTINENTAL UNITED STATES, AND WENT TO ALAKSA, WHERE IN THE COLD ENVIRONMENT, WITH HARD FROZEN TUNDRA, THEY EXHAUSTED THEIR MONEY AND SUPPLIES SEEKING GOLD. GOLD CLAIMS WERE SOMETIMES STOLEN. THE GOLD RUSH ECONOMY WAS ONE OF RUTHLESS SURVIVAL IN THE GOLDRUSH TOWNS. WHERE THE MINORITY OF SHOPKEEPERS EARNED A STEADY LIVING SELLING THEIR WARES, THE GET-RICH-QUICK MINERS LIVED A HARSH EXISTANCE.