How Did The Gold Rushes Affect Australia's Economy

Many men, who worked on the farms, quit in search of gold. Woman became very important, in many cases, the woman and children were left to work on the land, with the help of Aboriginal stockman. A person could become very rich overnight. The upper class were not only the ones who had money now. People who worked hard would be rewarded. The boost to the economy helped pay for the modernisation of the whole of Australia. Roads, schools, and churches were built. Train lines were built to link major cities. The discovery of gold had also stopped convict transportation. The diggers came from all different backgrounds, but they worked together and considered themselves equal. They were free from social class. Today, Australia is very much free of class.

The Gold Rush started on January 24, 1848 when James W. Marshall found a gold nugget in a river while building a sawmill for John Sutter. It was a time where people

do was ask the men at the mill to keep the secret for another six

If you had the opportunity to get rich off of gold, would you? Would you be willing to leave everything you have behind to move thousands of miles across the country just for gold? In 1859, the answer for many people was yes. Word of gold found throughout Colorado spread across the country and launched the Pike’s Peak Gold Rush or also known as the Colorado Gold Rush. There are several significant events in Colorado history that have had an influential impact on the state we know today. The Colorado Gold Rush, in 1859, was the most significant event in Colorado History for several reasons: the rush attracted thousands of people to our state, initiated the mining of other resources, succored farming and ranching throughout the state, and boosted the economy of the towns here in Colorado; these benefits of the rush continue to play a role in our state still today.

“Without the discovery of Gold Victoria would not be the place that it has become today.” I believe this statement is true, without the Gold Rush, Australia wouldn’t be nearly as established as it is now. The Gold Rush in Victoria caused mass colonisation and population growth, and it made Australia the diverse and multi-skilled society.

The Gold Rush is considered as one of the most significant events in the American history. It began after James Marshall discovered gold form the Sutter’s mill in Coloma, California on January 24, 1948. Though James and Sutter tired to keep this news as secret, there was one newspaper reported it. As the news spread so fast across the country and around the world that attracted hundreds of thousands of gold seekers from different areas came to California.

First, I would like to consider the economic theory behind the gold rush and explain why on the surface; it is quite simple. Consider a modern theoretical case. Say a family of four is living in Cincinnati, Ohio and the main earner of the family works for a tool manufacturing company in Cincinnati. Suppose that the company decides during their yearly employee reviews that they aren’t going to give this certain individual a pay raise for the next year; also suppose that the employee does not see themselves climbing up the pay scale any further. Now suppose that this person is offered a thirty thousand dollar per year raise if they move out to Los Angeles, California for a new machine related job. Assuming

Approximately 10 years into the gold rush, the Chinese numbered about 40,000 – 3% of the population. However, they were concentrated in the Victorian gold-rush areas that also attracted the mass of the early white diggers - Ballarat, Bendigo, and Beechworth.

     The California Gold Rush of 1849 is one of the most interesting and exiting events of the United States. From the wild stories of men striking it big, to the heart wrenching tales of people losing everything, these are what make it so alluring. There are many aspects of the California Gold Rush; effects on California; individual stories of struggle; and effects on the United States as a young country looking for stability.

When gold was discovered in 1848, people entered California to prospect the "golden mountains." At the climax of the gold rush the attitude in the mining country was of anticipation and greed. The effect of the gold rush, however, went much deeper than soil of the Sierra Mountains. Many miners did become rich from the mining of gold.

The gold rush started in January 1848 and ended in 1855. Gold was discovered in the American River at Sutter's mill in 1848. James Marshal was working at the mill that day when he found a shiny glow. He reached down in the water and picked up the shiny rock and it was gold he saw another and another then he ran to John Sutter's fort when he got there James Marshall and John Sutter went into a secret room and researched the shiny rocks and they determined the shiny rocks were Gold! They both wanted to keep it a secret but the a local newspaperman over heard them and ran to town and yelled gold in the American River! Then he became the richest man alive by selling tools for the miners. That's how the gold

Many people, when the subject of the Fraser River and Cariboo gold rushes comes up, immediately think of what wealth the miners must have obtained. Though this is a common belief, few miners during the gold rushes actually were successful for a number of different reasons; the location and geography, people failing to claim stakes, the amount of people there, and the types of people, and the cost of living balanced out the amount of gold that they were finding. One of the main reasons why few miners were successful during the Fraser River and Caribou Gold Rushes was the location, geography, and weather. When news rapidly spread of an abundance of gold in the Fraser River, as many as 10 000 miners came up from California in March 1858. When

The Cariboo Gold Rush took place between 1860-1863 in the Cariboo Mountain region. The Cariboo Gold Rush began when people from The Fraser River Gold Rush saw gold in the Horsefly River. After the news spread of the gold near Barkerville, gold-seekers were attracted and they came for the gold. The promising discoveries of gold were made at Williams, Lightning and Lowhee creeks. Barkerville, Camerontown, and Richfield were established 125 kilometers southeast of Prince George. Barkerville is the only one of the three administrative towns to outlast the mining boom days. Barkerville deposits were worked from 1864 to the 1930s which required complex and expensive technology to remove the gold. The gold production in the Cariboo’s worth was approximately

The discovery of the California Gold Rush took place by chance. Mainly the amount of the world’s gold is deep underground and embedded in hard rock. Unlike anywhere else in the world at that time the gold in California was simple to dig up, free for the taking and required little tools to acquire any gold. Only things required: a pick or shovel and a pan to shift out the gold from the rock, sand and debris. The Gold Rush affected not only California, but the outcome of the nation. Creating the expansion of our nation into Western America and California. Hundreds of thousand Americans and foreigners moved toward the Sierra Nevada’s, with the hopes of sticking it rich. Which impacted the social life and the economy, while effected the rest of the country. Producing a number of diverse people seeking to make a fortune, influenced California and the American life.

The Australian Gold Rush The Australian gold rush was a series of immigrations by workers, both local and from overseas, to areas which had confirmed discoveries of gold deposits. A number of different gold finds were made prior to 1851, but the only gold found after this date initiated gold rushes. This is mainly because before this date, the government of New South Wales had suppressed the fact that there was gold in the area as they believed that is would destabilise the economy, and reduce the amount of workers which were present at the time. After the Californian gold rush began in 1848, causing many to leave Australia for California in the search for gold there, the New South Wales government re-considered its position and applied for