Australian Federation Gold Rush (1 janv. 1901 – 1 janv. 1914)
Description:
- Australia federates on January 1, 1901, while, the gold rush of the 19th Century continues.
- There is an influx of migration due to the large amounts of valuable minerals available in Australia.
- The gold rush increased demand for gold and its prices, meaning there was a huge growth in gold exports from Australia.
- This was significant in allowing stablisation of the new Australian economy and provided gold the opportunity to become a major commodity, particularly for exports.
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