asked 190k views
3 votes
Which explains how merchants such as Levi Strauss became wealthy during the California Gold Rush?

A.
Miners had no paper money so they used gold nuggets to pay for goods.

B.
Merchants ran their stores at night and panned for gold during the day.

C.
Government taxes and regulations forced competitors out of business.

D.
Demand for items in short supply allowed merchants to charge high prices.

asked
User Bendlas
by
7.5k points

2 Answers

4 votes
The correct answer is D.   Demands for items in short supply allowed merchants to change high prices. Have a great day:)
answered
User Jahmel
by
7.8k points
1 vote
Demand for items in short supply allowed merchants to charge high prices and this explains how merchants such as Levi Strauss became wealthy during California Gold Rush. The correct option among all the options that are given in the question is the last option or option "D". I hope this explanation helps you.
answered
User Serup
by
8.1k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.