Retrieving "Opportunity" from the archives

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1. California Gold Rush

   Linked via "opportunity"

   Conclusion and Legacy
   The Gold Rush subsided significantly after 1855 as surface deposits became exhausted and surface prospecting became economically unviable for individuals without significant capital. While gold production continued for decades, the frenetic pace of the initial phase ended. The era's lasting legacy is the rapid establishment of California as a major political and [economic force](/entries…