Gold Rush

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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. A gold rush is a period of feverish migration of workers into the area of a dramatic discovery of commercial quantities of gold. Major gold rushes took place in the 19th century in Australia, Brazil, Canada, South Africa, and the United States, while smaller gold rushes took place elsewhere. Gold rushes were typically marked by a general buoyant feeling of a "free for all" in income mobility, in which any single individual might become abundantly wealthy almost instantly. The significance of gold rushes in history has given a longer life to the term, and it is now applied generally to denote any capitalist economic activity in which the participants aspire to race each other in common pursuit of a new and apparently highly lucrative market, often precipitated by an advance in technology.