goldrushes
Prospector migration waves
Goldrushes is the plural of gold rush—a rapid migration of people to an area where gold has been discovered.
The California gold rush of 1849 is the prototype: The goldrushes of the American West transformed frontier towns overnight.
Figuratively, any sudden competitive scramble for quick profits: the dot-com gold rush of the late 1990s.
West coast megastate
- 1849Mid-nineteenth century date
- KlondikeYukon gold rush region
- YukonNorthwestern Canadian territory
- forty-niners1849 gold rush migrants
prospectors · mining · claims · staking · boomtowns · frontier · settlers · migration
Extracting earth's resources
- panningLateral camera traverse
- sluicingWashing with flowing water
- dredgingExtracting underwater sediment
- placerMineral-rich sediment accumulation
lode · veins · ore · claims · stakes · equipment · picks · shovels
Unproven theorizing or risky investment
- boomLoud deep sound
- investmentDeploying capital for returns
- fortune-seekersThose pursuing sudden wealth
- wealthAbundance of valuable resources
bonanza · commodity · prices · inflation · supply · demand · merchants · profiteering
Digital sector, abbreviated
- Silicon ValleyBay Area tech corridor
- startupNew business enterprise
- unicornMythical one-horned horse
- cryptocurrencyEncrypted decentralized money
Bitcoin · NFT · dot-com · venture capital · disruption · innovation · hype · FOMO
Sudden large arrival
- settlersThose who establish homes
- immigrationRelocating abroad permanently
- displacementRemoval from usual location
- populationsGroups of residents counted
tent cities · camps · overcrowding · diversity · Chinese · Irish · Mexican · Chilean
California
West coast megastate
forty-niners · prospectors · mining · claims · staking · boomtowns · frontier · settlers · migration · panning
mining
Extracting earth's resources
- panningLateral camera traverse
- sluicingWashing with flowing water
- dredgingExtracting underwater sediment
placer · lode · veins · ore · claims · stakes · equipment · picks · shovels · rockers
speculation
Unproven theorizing or risky investment
- boomLoud deep sound
- investmentDeploying capital for returns
- fortune-seekersThose pursuing sudden wealth
wealth · bonanza · commodity · prices · inflation · supply · demand · merchants · profiteering · bust
tech
Digital sector, abbreviated
- Silicon ValleyBay Area tech corridor
- startupNew business enterprise
- unicornMythical one-horned horse
cryptocurrency · Bitcoin · NFT · dot-com · venture capital · disruption · innovation · hype · FOMO · early adopters
influx
Sudden large arrival
- settlersThose who establish homes
- immigrationRelocating abroad permanently
- displacementRemoval from usual location
populations · tent cities · camps · overcrowding · diversity · Chinese · Irish · Mexican · Chilean · pioneers
goldrushessubsistence farming
Growing food for household
traditional occupations · civil service · tenure · economic stability · job security
goldrushesplanned development
Predesigned residential or commercial area
conservation · industrial mining · environmental stewardship
goldrushesbusts
Head-and-shoulders sculptures
recessions · downturns · stagnation · decline · economic contraction