The California Gold Rush: Entrepreneurialism and Economic Development
Stimulation of Industries
Serving the Miners
Saloons and Brothels
Demand for Railroad
Gold Rush Connections
Impact of the Railroad
Agricultural industry evolved during Gold Rush
Miners had most wealth per capita in entire world, still ate cheap food
Increased demand for higher quality food
Farmers began selling fresh food for premium, miners willing to buy
California had fertile soil, long growing season
Farmers could grow many crops and could sell all of them due to great demand
Agriculture became as profitable as gold mining, more reliable
Farmers Union and Agricultural Warehouse, San Jose, 1874
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