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Basic rule of economics: supply and demand. The rush caused a spike in demand for supplies, so as such sellers and shopkeepers could justify raising prices.
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What were some difficulties in the California Gold Rush?
-home sickness-expensive or lack of supplies-gold was difficult to find and was not worth alot-rain-no cure for snake poison-lack of personal hygiene
Challenges faced in klondike gold rush?
There were many challenges faced in the gold rush. This includes violence, inflated prices on food and supplies, lack of gold and disease.
Who supplied the gold rush miners with food and other supplies?
Sam Brannon
Why were the prices high during the gold rush?
There was a high demand for supplies.
For what reason did they use a carriage back in the gold rush?
They used carragies to carry gold supplies from place to place
Did people in the gold rush actually get gold?
Yes, people in the gold rush found gold but they mostly spent it on supplies, land , and beer. The people who made the real money were merchants because they would sell eggs for like 10 pieces of gold because it was hard to get eggs or other supplies. So basically it was supply and demand.
Did you have to pay to get on a stagecoach during the gold rush time?
yes it was very expensive back then because everybody wanted to get to where the gold was first
What were Mormons role in the gold rush?
The Mormons played quite a lage role in the gold rush. Their settlements in Utah served as a rest stop and trading post for those heading to California. Some historians have said that without the Mormons, the gold rush could not have been successful, and without the gold rush, the Mormons could not have been successful. The Mormons needed money and supplies from the east, and those heading to California needed food, supplies, and advice about living and traveling in the west. It was a welcome trade for both parties.
How did mining change the west?
The people of the mining towns needed large amounts of supplies. The Western mining boom had begun with the California Gold Rush of 1849. When the Gold Rush ended, miners looked for new opportunities.
How did the mormon settlement and the gold rush lead to changes?
The Mormons had already paved a way to the west right before the gold rush. They had already planted crops, leaving colonies along the trail and soon profited by providing the gold seekers with needed supplies.
What American gold rush was before the Victorian gold rush?
The Californian gold rush!
What job did the miners in the gold rush do?
They were mostly just plain old miners, but if they weren't lucky, they would get rich by selling supplies.
