Negative Effects Of The California Gold Rush

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Pages: 1

The California Gold Rush in 1848 to 1855 was a period in American history which began on January 24, 1848, when gold was found by James W. Marshall at Sutter's Mill in Coloma, California.
The gold rush had a more negative effect on America because the economy declined and some forty niners lives were lost.
An important fact why the gold rush had a more negative effect on America is because the economy declined and the poverty rate increased as well as the unemployment rate. In the text, 10 days that unexpectedly changed America, it states, “Men quit their jobs, solder their businesses, and moved to California” (Gillion 64). Another important fact why the gold rush had a more negative effect on America is because during the forty niners’

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