Gold Rush EconomicsIn California there were two different gold rushes. The first gold rush was in North of Sacramento in 1848. Thousands of prospective gold miners traveled by sea or over land to this Gold Rush. This Gold Rush was not very known so everyone who went got rich because there were so much gold. The second gold rush was in 1849. This Gold Rush brought 300,00-500,00 miners to CA from all over the world, there were people from America, Europe, Australia and Asia. Because there were more people than there was gold not many people got rich. But the people who actually did make money were the ones who sold foods and supplies to miners. So at the end not many people got gold and the people who did came back with a little more than they left with. At the end of 1849 Gold Rush, many 49ers wanted to settle in CA, which led to squatting and squatting is you could take lands that were unused. Then the CA land Commission had the courts to decide land ownership and some people spend 25 years in court and sold their lands to pay for court. By the end of 1849, the non-native population of the California territory was about 100,000 and lots of precious metal was extracted from the area during the Gold Rush.