California Gold Rush Successes and
Failures
There are many successes of the California Gold Rush. One
is that the some of the gold seekers became rich. For example a man named Joe
Dye found 40,000 dollars of gold in just seven weeks. Two partners, William
Daylor and Perry McCoon made 17,000 dollars’ worth of gold in just one week. A
twelve year old boy found 2,700 dollars in just two days. Business
owners also benefited from the Gold Rush because they were able to charge large
amounts for their products and services since everyone had an abundance of
money. During the Gold Rush, a single egg cost 3-4 dollars, a loaf of bread 2 dollars,
a pound of butter cost 6 dollars, a tin of sardines 16 dollars, and a horse that
usually cost 6 dollars cost 300 dollars. Another huge success was
California’s statehood in 1850. Because of the influx of population in such a
short time California was able to become a state without having to become a
territory first.
Although there were successes with the Gold Rush there were also
failures. Unfortunately many gold seekers did not get rich. With the cost of
living being so high most people spent their riches as fast as they found them.
Also many of the Forty-niners died on their journal to California. For many, the
trip was very long and dangerous. Families (women and children) were left behind
without a father or husband. This left the women to find work, which was a
different way of life. Another failure is that the Native Americans were
pushed off their land when all the people rushed into California. This left the
Native American to find another place to live.
COST OF GOOD DURING THE GOLD RUSH
Failures
There are many successes of the California Gold Rush. One
is that the some of the gold seekers became rich. For example a man named Joe
Dye found 40,000 dollars of gold in just seven weeks. Two partners, William
Daylor and Perry McCoon made 17,000 dollars’ worth of gold in just one week. A
twelve year old boy found 2,700 dollars in just two days. Business
owners also benefited from the Gold Rush because they were able to charge large
amounts for their products and services since everyone had an abundance of
money. During the Gold Rush, a single egg cost 3-4 dollars, a loaf of bread 2 dollars,
a pound of butter cost 6 dollars, a tin of sardines 16 dollars, and a horse that
usually cost 6 dollars cost 300 dollars. Another huge success was
California’s statehood in 1850. Because of the influx of population in such a
short time California was able to become a state without having to become a
territory first.
Although there were successes with the Gold Rush there were also
failures. Unfortunately many gold seekers did not get rich. With the cost of
living being so high most people spent their riches as fast as they found them.
Also many of the Forty-niners died on their journal to California. For many, the
trip was very long and dangerous. Families (women and children) were left behind
without a father or husband. This left the women to find work, which was a
different way of life. Another failure is that the Native Americans were
pushed off their land when all the people rushed into California. This left the
Native American to find another place to live.
COST OF GOOD DURING THE GOLD RUSH