USA HISTORY

Detailed explanation-1: -Throughout 1849, people around the United States (mostly men) with gold fever borrowed money, mortgaged their property or spent their life savings to make the arduous journey to California. In pursuit of the kind of wealth they had never dreamed of, they left their families and hometowns.

Detailed explanation-2: -An 1849 handbill from the California Gold Rush. PD. The discovery of gold at Sutter’s Mill on January 24, 1848 unleashed the largest migration in United States history and drew people from a dozen countries to form a multi-ethnic society on America’s fringe.

Detailed explanation-3: -The discovery of the precious metal at Sutter’s Mill in January 1848 was a turning point in global history. The rush for gold redirected the technologies of communication and transportation and accelerated and expanded the reach of the American and British Empires.

Detailed explanation-4: -In conclusion, the Gold Rush of 1849 aided America’s westward expansion through the removal of Native Americans, stimulation of economy, and population explosion, it still had its considerable negative impacts with the shortage of gold, monetary instability, and decline of economy.