Who profited the most from the Gold Rush of 1849?

1 Answer
Yan L.
Nov 11, 2017

The government.

Explanation:

If you are asking for a specific person Sam Brannan became the first millionaire in California.

But the largest profit was made by the U.S. government, with the expansions to the west, railroads, infrastructure - new cities blossomed and turned into metropolitan areas, everyone wanted gold so more and more people began to move over to the west. This is one of the reason America had such a wonderful industrial revolution during this period of time.

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