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The beurocracy didn't like poor people having money as they may have revolted and overthrown the oligarchs.

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When mining booms were followed by busts boom towns turned into what?

Ghost towns


What effect did sugar and gold booms have on slave imports?

major booms


What problems were caused by the mining boom?

1. people were greedy and wanted more 2. Too many people were looking for it - it was over crowded 3. The chance you found something was very very slim, but people wanted to become 'rich'


What were 4 problems caused by the mining boom?

1. people were greedy and wanted more 2. Too many people were looking for it - it was over crowded 3. The chance you found something was very very slim, but people wanted to become 'rich'


What are two microeconomic and two macroeconomic problems?

Macroeconomic problems are problems that have a broad effect on the economy and appear in aggregate measures such as national income, the balances of trade and payments, the exchange rate, the price level, and the employment level. Examples include inflation, deflation, recession, speculative booms, unemployment, and national debt. Microeconomic problems are problems affecting the allocation of factors of production between different uses, and appear in the prices and levels of production and consumption of particular goods and services. Examples include monopoly, monopsony, external costs and benefits, non-price-excludibility, non-rivalry, information assymetries such as agent-and-principal problems, moral hazard, distorting taxes and subsidies, declining industries, and speculative bubbles (in particular markets as distinguished from general booms).

Related Questions

What problems can be caused when mining?

The problems caused by mining are: water pollution plant and fish habitats being destroyed dangerous job hard work


When mining booms were followed by busts boom towns turned into what?

Ghost towns


When mining booms were followed by busts boom town turned into?

Ghost towns


Are there any problems caused by solution mining?

soolution mining can cause subsidence of land where the salt used to be. this could cause buildings to collapse and ground to be ruined


What problems can be caused by coal mining?

Subsidence of land at the surface, and damage to dwellings. Lung diseases caused by conditions underground. Air and water pollution from the coal-tips.


How are the mining booms the building of the transcontinental and the homestead act relate?

Look in the westward expansion after the civil war mini textbook.


What caused craters to apper?

It is normally created by big booms that happened WW1 and WW2


What has the author Chun Wah Chuen written?

Chun Wah Chuen has written: 'Optimal electro-hydraulic control of mining booms'


How are you or other people are part of problems with mining?

Because mining can create problems for the inhabitants of specific areas.


What are some problems that occur from mining?

You can get hurt. It can be dangerous mining.


What were the causes and effects of the mining booms in the west?

They got paid a little amount of money but they enjoyed it and got extra money for working with farmers


What are some ways to fix the problems to do with underground mining?

To stop mining ;)