JACKSONIAN DEMOCRACY 1825 1850
AGE OF THE COMMON MAN
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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All of the following are true of the gold rush EXCEPT which one?
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The population of California increased
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Few people found gold
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The price of gold dropped
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Merchants became very wealthy
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Explanation:
Detailed explanation-1: -The Gold Rush also led to increased production of lumber and the creation of new flour mills. The need for clothing increased dramatically, and the leather industry experienced significant growth. Wholesale and retail developed at this time and were instrumental in helping meet the growing demands of consumers.
Detailed explanation-2: -California Gold Rush, rapid influx of fortune seekers in California that began after gold was found at Sutter’s Mill in early 1848 and reached its peak in 1852. According to estimates, more than 300, 000 people came to the territory during the Gold Rush.
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