USA HISTORY

MANIFEST DESTINY 1806 1855

THE MEXICAN AMERICAN WAR

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Did many people actually get rich from mining gold?
A
Yes
B
No
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -However, only a minority of miners made much money from the Californian Gold Rush. It was much more common for people to become wealthy by providing the miners with over-priced food, supplies and services. Sam Brannan was the great beneficiary of this new found wealth.

Detailed explanation-2: -During the 1850s and 1860s Brannan was known as the richest man in California.

Detailed explanation-3: -But the largest profit was made by the U.S. government, with the expansions to the west, railroads, infrastructure-new cities blossomed and turned into metropolitan areas, everyone wanted gold so more and more people began to move over to the west.

Detailed explanation-4: -Back during the 1849 California Gold Rush, few prospectors struck it rich. Most of the people who made money back then were those who “sold shovels” (and jeans, tents, pickaxes and other supplies and services) to the prospectors who lived hard lives panning for gold.

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