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'
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'
The beurocracy didn't like poor people having money as they may have revolted and overthrown the oligarchs.
Ghost towns
The mining industry significantly contributed to the boom-bust cycle of Western towns by attracting large populations during mineral discoveries, leading to rapid economic growth and infrastructure development. However, once resources were depleted or mining operations became unprofitable, these towns often experienced dramatic declines, resulting in abandoned buildings and economic downturns. The volatility of mineral prices and the finite nature of mining resources exacerbated this cycle, leaving many communities reliant on a single industry vulnerable to collapse. Consequently, the mining boom fueled both prosperity and hardship in the West.
The mining industry is typically very "boom or bust". Bust would either mean that the mine has closed due to the ore being completely mined or metal prices have fallen to the point its no longer cost-effective to continue. Many mining communities are remote, 1 industry towns. When the mining ceases, most people leave the community for new jobs elsewhere, hence the "bust"
The problems caused by mining are: water pollution plant and fish habitats being destroyed dangerous job hard work
America
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'
The discovery of gold.
soolution mining can cause subsidence of land where the salt used to be. this could cause buildings to collapse and ground to be ruined
By 1906 a boom had developed in copper mining in Ely
31st febuary 3090.
california gold rush
Large mining companies bought out small miners.
Subsidence of land at the surface, and damage to dwellings. Lung diseases caused by conditions underground. Air and water pollution from the coal-tips.
The beurocracy didn't like poor people having money as they may have revolted and overthrown the oligarchs.
The cycle of boom and bust.