List of commodity booms

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Merchant ships fill San Francisco harbor, 1850-51. SanFranciscoharbor1851c sharp.jpg
Merchant ships fill San Francisco harbor, 1850–51.
The stately Victorian architecture of Dunedin, New Zealand, is a result of the capital brought into the city by the Otago gold rush of the 1860s. WainsHotelDunedin.jpg
The stately Victorian architecture of Dunedin, New Zealand, is a result of the capital brought into the city by the Otago gold rush of the 1860s.
Uranium bubble of 2007 MonthlyUraniumSpot.png
Uranium bubble of 2007

This is a list of economic booms created by physical commodities.

BoomCommodityTypeLocationDates
First Chilean wheat cycle wheat agricultural Chile 1687–1810
Brazilian Gold Rush gold metal Brazil 18th century
Carolina gold rush gold metal North Carolina, USearly 19th century
Georgia Gold Rush gold metal Georgia, US1828 – early 1840s
Chilean silver rush silver metal Chile 1830–1850
Guano Era guano hard commodity Peru 1845 – c. 1870
California gold rush gold metal California, US1848–1855
Second Chilean wheat cycle wheat agricultural Chile mid-19th century – 1870s
British Columbia gold rushes gold metal British Columbia, Canada1850–1941
Australian gold rushes gold metalAustralia1851–1906
Pennsylvania oil rush petroleum fossil fuel northwestern Pennsylvania, US1859 – early 1870s
Otago gold rush gold metal Central Otago, New Zealand1860s
Colorado River mining boom gold metal Southwestern US 1861–64
West Coast gold rush gold metal West Coast, New Zealand1864–1867
Lapland gold rush gold metal Lapland, Finland1870s
Azerbaijan oil boom petroleum fossil fuel Azerbaijan 1870s
Black Hills gold rush gold metal Dakota Territory, US1874 – c. 1880
Patagonian sheep farming boom wool, mutton agricultural Patagonia late 19th to early 20th century
Coromandel Gold Rushes gold metal Coromandel Peninsula, New Zealand1870s – 1880s
Cripple Creek Gold Rush gold metal Cripple Creek, Colorado, USlate 19th to early 20th century
Bodie gold rush gold metal Bodie, California, US1877–1880
First Amazon rubber boom rubber agricultural Amazon basin 1879–1912
Canadian wheat boomwheatagriculturalCanada, especially Prairie Provinces circa 1880 to 1910, and 1914 to 1921 [2] [3]
Indiana gas boom natural gas fossil fuel Indiana, USearly 1880s – early 20th century
Ohio oil rush petroleum fossil fuel Northwest Ohio, US1880s – 1930s
Tierra del Fuego gold rush gold metal Tierra del Fuego 1883–1906
Witwatersrand Gold Rush gold metal South Africa 1886
Klondike Gold Rush gold metal Klondike, Yukon, Canada1896–1899
Mount Baker gold rush gold metal Whatcom County, Washington, US1897 – mid-1920s
Nome Gold Rush gold metal Nome, Alaska, US1899–1909
Fairbanks Gold Rush gold metal Fairbanks, Alaska, USearly 1900s
Texas oil boom petroleum fossil fuel Texas, US1901 – 1940s
Cobalt silver rush silver metal Cobalt, Ontario, Canada1903 – c. 1930
Stoy, Illinois oil boom petroleum fossil fuel Stoy, Illinois, US1906–1910
Porcupine Gold Rush gold metal Northern Ontario, Canada1909 – 1950s
Kakamega gold rush gold metal Kakamega, Kenyaearly 1930s
Vatukoula gold rush gold metal Vatukoula, Fiji1932
Second Amazon rubber boom rubber agricultural Amazon basin 1942–1945
Alberta conventional oil boom petroleum fossil fuelAlberta, Canada1947 – 1980
New Zealand wool boom wool agricultural New Zealand 1951 – late 1950s
Mexican oil boom petroleum fossil fuel Mexico 1977–1981
1970s commodities boom multiplemultipleworldwide1970s
Merluza boom [4] [5] fish hard commodity Chile1980s
Chilean salmon boom [6] [7] fish soft commodity Chile1986–2007
2000s commodities boom multiplemultipleworldwide2000s
Uranium bubble of 2007 uranium metalworldwide2005–2007
North Dakota oil boom petroleum, shale gas fossil fuel North Dakota, US2006 – c. 2015
Rhodium bubble [8] rhodium metalworldwide (primarily South Africa, Russia)2008
2020s commodities boom multiplemultipleworldwide2020s

Related Research Articles

<span class="mw-page-title-main">Foreign relations of Chile</span>

Since its return to democracy in 1990, Chile has been an active participant in the regional and international arena. Chile assumed a two-year non-permanent position on the UN Security Council in January 2003 and was re-elected to the council in October 2013. It is also an active member of the UN family of agencies, serving as a member of the Commission on Human Rights and participating in UN peacekeeping activities. Chile hosted the second Summit of the Americas in 1998, was the chair of the Rio Group in 2001, hosted the Defense Ministerial of the Americas in 2002, and the APEC summit and related meetings in 2004. In 2005 it hosted the Community of Democracies ministerial conference. It is an associate member of Mercosur and a full member of APEC. The OECD agreed to invite Chile to be among four countries to open discussions in becoming an official member.

<span class="mw-page-title-main">Aysén Region</span> Region of Chile

The Aysén del General Carlos Ibáñez del Campo Region, often shortened to Aysén Region or Aisén, is one of Chile's 16 first order administrative divisions. Although the third largest in area, the region is Chile's most sparsely populated region with a population of 102,317 as of 2017. The capital of the region is Coyhaique, the region's former namesake. The region's current namesake is the former President of Chile, General Carlos Ibáñez del Campo.

<span class="mw-page-title-main">Economic history of Chile</span>

The economy of Chile has shifted substantially over time from the heterogeneous economies of the diverse indigenous peoples to an early husbandry-oriented economy and finally to one of raw material export and a large service sector. Chile's recent economic history has been the focus of an extensive debate, as it pioneered neoliberal economic policies.

<span class="mw-page-title-main">Mamerto Urriolagoitía</span> President of Bolivia from 1949 to 1951

Mamerto Urriolagoitía Harriague was a Bolivian lawyer and politician who was the 43rd president of Bolivia, from 1949 to 1951. A member of the Republican Socialist Unity Party, he had previously been the 26th vice president of Bolivia, from 1947 to 1949, under President Enrique Hertzog. Urriolagoitía's short reign was characterized by the violent suppression of the opposition, especially unionists, and he is remembered for his inflexibility. He is considered the last constitutional president of the largely oligarchic social and political order that reigned in the country until the advent of the 1952 Bolivian National Revolution.

<span class="mw-page-title-main">Moraleda Channel</span> Body of Water in Southern Chile

Moraleda Channel is a body of water separating the Chonos Archipelago from the mainland of Chile. It is located at 44.4147222°S 73.4205556°W, leading to Gulf of Corcovado. Southward from the mouth of the Aisén Fjord, Moraleda Channel divides into two arms. The east arm, called Canal Costa, is the main one. Farther south the name changes to Estero Elefantes, which terminates in the gulf of the same name. The channel runs along the Liquiñe-Ofqui Fault.

<span class="mw-page-title-main">Guaitecas Archipelago</span> Islands on the southwestern coast of Chile

Guaitecas Archipelago is a sparsely populated archipelago in the Aisén region of Chile. The archipelago is made up of eight main islands and numerous smaller ones. The eight largest islands are from northwest to southeast: Gran Guaiteca, Ascención, Betecoy, Clotilde, Leucayec, Elvira, Sánchez and Mulchey. The islands have subdued topography compared to the Andes, with Gran Guaiteca containing the archipelago's high point at 369 m (1,211 ft).

<span class="mw-page-title-main">Guaitecas</span> Place in Aysén, Chile

Guaitecas is Chilean commune located in Guaitecas Archipelago which are part of Aysén Province and Region. The administrative centre is Melinka, the only port and town in the wider Chonos Archipelago.

The Tinguirirican age is a period of geologic time within the Late Eocene and Early Oligocene epochs of the Paleogene, used more specifically within the SALMA classification in South America. It follows the Divisaderan and precedes the Deseadan age.

The Laventan age is a period of geologic time within the Middle Miocene epoch of the Neogene, used more specifically within the SALMA classification in South America. It follows the Colloncuran and precedes the Mayoan age.

The Chasicoan age is a period of geologic time from 10–9 Ma within the Late Miocene epoch of the Neogene, used more specifically within the SALMA classification in South America. It follows the Mayoan and precedes the Huayquerian age.

The Hornitos Formation is a Campanian geologic formation of the Algarrobal Basin in the Atacama Region of northern Chile. The formation comprises limestones, sandstones, conglomerates, marls and tuff. Dinosaur remains are among the fossils that have been recovered from the formation, including the sauropod Arackar licanantay.

<span class="mw-page-title-main">Chilean silver rush</span> Silver rush in Chile (1830–1850)

Between 1830 and 1850, Chilean silver mining grew at an unprecedented pace which transformed mining into one of the country's principal sources of wealth. The rush caused rapid demographic, infrastructural, and economic expansion in the semi-arid Norte Chico mountains where the silver deposits lay. A number of Chileans made large fortunes in the rush and made investments in other areas of the economy of Chile. By the 1850s, the rush was in decline and lucrative silver mining definitively ended in the 1870s. At the same time, mining activity in Chile reoriented to saltpetre operations.

Las Ánimas complex is an archaeological culture of northern Chile considered to be the immediate precursor to the Diaguita culture. The culture developed in the Chilean region of Norte Chico between 800 and 1000 CE. Prior to Las Ánimas complex, an archaeological culture known as El Molle complex existed in Norte Chico from 300 to 700 CE.

During most of Chile's history, from 1500 to the present, mining has been an important economic activity. 16th century mining was oriented towards the exploitation of gold placer deposits using encomienda labour. After a period of decline in the 17th century, mining resurged in the 18th and early 19th century, this time concentrating chiefly on silver. In the 1870s silver mining declined sharply. Chile took over the highly lucrative saltpetre mining districts of Peru and Bolivia in the War of the Pacific (1879–83). In the first half of the 20th century copper mining overshadowed the declining saltpetre mining.

Caldera Basin is a sedimentary basin located in the coast of northern Chile west of Copiapó. The basin has a fill of marine sediments of Late Cenozoic age. With a north–south extension of 43 kilometres (27 mi) and an east–west width of 20 kilometres (12 mi) the basin occupies an area between the coast and the Chilean Coast Range and between the port of Caldera and the mouth of Copiapó River. The sedimentary fill rests on metamorphic rocks of Paleozoic age and on plutonic rocks of Mesozoic age.

Loreto Formation is a sedimentary formation of Late Eocene age in the southernmost Magallanes Basin. It overlies the Leña Dura Formation and the contact with an overlying formation is not observed. From 2013 to 2020 its coals were mined in Invierno mine, Riesco Island.

<span class="mw-page-title-main">History of agriculture in Chile</span>

Agriculture in Chile has a long history dating back to the Pre-Hispanic period. Indigenous peoples practised varying types of agriculture, from the oases of the Atacama Desert to as far south as the Guaitecas Archipelago. Potato was the staple food in the populous Mapuche lands. Llama and chilihueque herding was practised by various indigenous groups.

[Chile] is rich in pastures and cultivated fields, in which all kind of animals and plants can be breed or grown, there is plenty of very beautiful wood for making houses, and plenty of firewood, and rich gold mines, and all land is full of them...

<span class="mw-page-title-main">Puerto Gaviota</span> Place in Aysén, Aysén

Puerto Gaviota is a village and fishing community in the Magdalena Island, southern Chile. It is located in the southwestern part of the island at the meeting point of Puyuhuapi Channel with Moraleda Channel. The village emerged as consequence of the codfish boom of the 1980s.

Puerto Gala or Gala is a hamlet and fishing community in Toto Island, southern Chile. It is located at the meeting point of Jacaf Channel with Moraleda Channel. The hamlet was established consequence of the merluza boom of the late 1980s. Some early settlers arrived to Gala escaping persecution from the military dictatorship of Pinochet as they lacked the resources to flee abroad. Other early settlers were delinquents who feared torture or death by the authorities. There was a distinct lack of rule of law in the first decades of existence, with police being unable to prevent theft or murder limiting themselves to recover corpses. Because of this police attempted to dissolve the settlement by threatening to evict settlers under the pretext that the settlements were illegal. Evictions attempts failed in the end.

References

  1. "NUEXCO Exchange Value (Monthly Uranium Spot)". Archived from the original on 22 July 2011. Retrieved 9 July 2010.
  2. Ward, Tony (1994). "The Origins of the Canadian Wheat Boom, 1880-1910". The Canadian Journal of Economics. 27 (4): 865–883. doi:10.2307/136188. JSTOR   136188.
  3. Bertram, Gordon W. (1973). "The Relevance of the Wheat Boom in Canadian Economic Growth". The Canadian Journal of Economics. 6 (4): 545–566. doi:10.2307/134090. JSTOR   134090.
  4. Saavedra G., Gonzalo (2007). "Prácticas Económicas en las Costas Insulares de Aisén. Testimonios de Persistencia y Transformación" (PDF). Actas del 6º Congreso Chileno de Antropología. VI Congreso Chileno de Antropología (in Spanish). Valdivia: Colegio de Antropólogos de Chile A. G. pp. 1696–1703.
  5. Scholz Cárdenas, Gonzalo Ignacio (2019). Siguiendo la merluza: Las migraciones interregionales en el Chile neoliberal, un estudio del surgimiento de ‘‘comunidades pesqueras porteñas’’ en Calbuco, Región de Los Lagos (1980-1991) (PDF) (Thesis) (in Spanish). Austral University of Chile . Retrieved 2024-10-29.
  6. Salgado Reyes, Rodrigo A. (2005). Análisis del desarrollo de la salmonicultura chilena (PDF) (Thesis) (in Spanish). Pontifical Catholic University of Chile.
  7. Gardner, Simon (March 11, 2009). "Virus, crisis: Perfect storm hits Chile salmon industry". Reuters .
  8. "Historical Rhodium Charts". Kitco. Retrieved 19 February 2010.