How gold rush led to american industrial revolution - History - Theme 10 Displacing Indigenous Peoples

Question

How gold rush led to american industrial revolution

Madhumita Das · Accepted Answer

The Gold Rush contributed to the American Industrial Revolution by
acting as an economic multiplier 
It led to the creation of of new businesses, banks, and financial
institutions It spurred rapid agricultural expansion, quickened the
volume of trade and commerce, and created demands for new forms of
transportation It boosted manufacturing and the services sector in
a variety of areas like food, clothing and river steamboat
transport