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While most of the miners who participated in the Gold Rush made only a modest profit, the businesses that supplied the products the miners needed were the real economic winners. Those who dealt in the fields of transportation, shipping, entertainment or retail became wealthy as a result of the Gold Rush.

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9y ago
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11y ago

Sure, miners made some money during the gold rush. But most of the money was actually made by the merchants and auctioneers who lived in CA.

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12y ago

they used it to buy supplies and land

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12y ago

prospecters

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Q: Who made money in the gold rush?
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Continue Learning about General History

How much money in gold was found in Montana during the Montana gold rush?

a lot


Which was more dangerous the klondike gold rush or the California gold rush?

The klondike gold rush had more people because 100,000 set of to find gold 40,000 made it to dawson city and 4,000 found gold


Did people in the gold rush actually get gold?

Yes, people in the gold rush found gold but they mostly spent it on supplies, land , and beer. The people who made the real money were merchants because they would sell eggs for like 10 pieces of gold because it was hard to get eggs or other supplies. So basically it was supply and demand.


Why leave China in 1862?

Because of the gold rush. Chinese needed money


What American gold rush was before the Victorian gold rush?

The Californian gold rush!

Related questions

Why the gold rush was important?

It got a lot of people jobs and a lot of money for everyone. Levi jeans were made for the gold rush.


How much money Mark Hopkins made during the California gold rush?

a lot.


Who made the most money in the 1849 California gold rush and how much?

Sam Brannan


Why was the gold important?

It got a lot of people jobs and a lot of money for everyone. Levi jeans were made for the gold rush.


What happen to tiny soderball?

she married in alska and made alot of money becuz of gold rush


How did miners make money in the Australian gold rush?

by finding gold


How did people use their gold in the California gold rush?

they sold it for money


What made the gold rush?

Rumors


How much money did the gold RUSH MAKE?

penis


Where did the gold rush people put their gold?

they put the gold i their homes.people from the gold rush took their money where ever they go or they stayed their so people wont still it.


How much money did miner during the california gold rush make a day?

If you were lucky you made about $16 in gold per day.


How much money in gold was found in Montana during the Montana gold rush?

a lot