At the point when gold was found in Sutter's Mill on Jan. 24, 1848, the following financial blast in California would change and modernize the economy. At the outset a country and disengaged town, the territory was ceded to the United States in the repercussions of the Mexican-American War. The changes that happened through the following a few decades as an aftereffect of this dash for unheard of wealth would last well into the 21st century.
The sudden increment in populace around the gold mining zones close present-day Sacramento pulled in traders and dealers who opened shops for trade. The port of San Francisco started to create and other individuals who joined the gold rush realized that they could win cash by giving products and administrations to the mineworkers.