USA HISTORY

MANIFEST DESTINY 1806 1855

ELECTION OF 1848 AND THE CALIFORNIA GOLD RUSH

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Why did the gold rush end?
A
California passed a law against gold prospecting.
B
Most of the land in California was bought up by fortune-seekers.
C
All the easy-to-find gold was quickly taken.
D
The Civil War broke out, and prospectors had to go and fight.
Explanation: 

Detailed explanation-1: -As gold became more and more difficult to reach, the growing industrialization of mining drove more and more miners from independence into wage labor. The new technique of hydraulic mining, developed in 1853, brought enormous profits but destroyed much of the region’s landscape.

Detailed explanation-2: -The California Gold Rush (1848–1855) was a gold rush that began on January 24, 1848, when gold was found by James W. Marshall at Sutter’s Mill in Coloma, California. The news of gold brought approximately 300, 000 people to California from the rest of the United States and abroad.

Detailed explanation-3: -An astounding amount of gold was pulled from the ground: $10 million in 1849, $41 million ($971 million in 2005 dollars) in 1850, $75 million in 1851, and $81 million in 1852. After that, the take gradually declined until 1857, when it leveled off to about $45 million per year.

Detailed explanation-4: -The California Gold Rush peaked in 1852, and by the end of the decade, it was over. The Gold Rush had a profound impact on California, dramatically changing its demographics. Before the discovery of gold, the territory’s population was approximately 160, 000, the vast majority of whom were Native Americans.

There is 1 question to complete.