Creating a global industry? geology, capital, and company formation on the goldfields of the industrial age

Title: Creating a global industry? geology, capital, and company formation on the goldfields of the industrial age
Creator: Eklund, Erik
Date: 2018
Type: Text; Book chapter
Identifier: http://researchonline.federation.edu.au/vital/access/HandleResolver/1959.17/168048
Identifier: vital:13774
Identifier: ISBN:9780520967588 (ISBN); 9780520294547 (ISBN)
Abstract: Gold was a precious metal, a commodity, a currency, and a powerful force encouraging globalization. The appeal of gold and its identification as a precious and valuable metal have been near universal—ranging across time, cultures, and empires. Gold provided a common tradable currency enabling international trade and commerce. By the late nineteenth century its importance was such that a gold standard was introduced, which pegged the value of different currencies to an ounce of gold. The financial gold standard operated on and off for the next one hundred years, but the term gold standard has remained in the English language as a way to describe best practice or a thing of high value.
Publisher: University of California Press
Relation: A Global History of Gold Rushes (part of the California World History Library series) Chapter 8 p. 184-205
Rights: This metadata is freely available under a CCO license
Subject: Mining; Gold rushes; Industrial age; Company formation; Globalization
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