what were economic consequences of the gold rush
1 The Gold Rush had many short-and long-term consequences for California: 2  The population of California soared as people from around the world came to get rich quick. 3  Some east coast businessmen who were already wealthy gained further wealth, especially by transporting people to California by sea.he California Gold Rush and the Contoversy over the State Constitution. Introduction: Today we begin the second unit in our course during which we will learn about the political, social, and economic evolution of California during its first fifty years of statehood.