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Boomtowns are significant because they represent rapid economic growth and urban development, often driven by resource extraction or new industries. They can lead to increased job opportunities and infrastructure improvements, attracting workers and entrepreneurs. However, they also highlight challenges such as housing shortages, social tensions, and environmental impacts, making them critical case studies in urban planning and economic management. Understanding boomtowns helps policymakers address both the benefits and drawbacks of sudden growth.

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1mo ago

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