How Did The California Gold Rush Affect The Economy

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In January of 1848, a carpenter in California made a discovery that changed the history of North America, 2 cold nuggets. Shortly after people flocked towards California with the hopes of gaining big and forever changing their lives. The U.S. quickly made California into a state and benefited greatly from it. The California Gold Rush greatly enhanced the U.S. economy and greatly changed our country. However, if the California gold rush happened just 20 years earlier it would have been detrimental to the U.S. economy, and all of North America would not be the same. In 1846 President Polk wanted to expend the U.S. and when Mexico and Texas were fighting he saw this as his chance to join in and gain land. The U.S and Mexico fought for two years

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