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California Gold Rush

Was the gold rush of 1849 a boon for California? Why or why not? What were the short-term and long-term benefits and detriments of the gold rush? What are the similarities and differences between the California gold rush and the Marcellus Shale gas boon in Pennsylvania? What lessons can we learn from the California gold rush that translates to the current Marcellus Shale natural gas boon in Pennsylvania?

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