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The consequence and gain of the gold rushes seen in Austrailia  

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'During the 1850's Australia had become so prosperous that its population demanded commodities and luxuries that her own industries could not yet provide.'1 The gold rushes had caused an influx in migrations on a scale previously unheard of in world history; 'Gold fever' had taken its grip on the colonies of Victoria and New South Wales. Although there are continuous arguments among historians that the consequences of the gold rushes have been exaggerated, especially when studying the political effects of the Eureka Rebellion, it is still clear that through the intensity of mining a significant change occurred economically, urbanely and industrially, that has benefited Australia to this day. The primary consequence and gain of the gold rushes was the growth of population due to migration. In 1850 the population of Australia was 405,356 and more than doubled to 1,168,000 by 1861.2 Even more amazing was the population of Victoria, which...

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