The History of GOLDThe History of GOLDin the United Statesin the United States

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By Denise Aguilar, OKAGE Teacher ConsultantBy Denise Aguilar, OKAGE Teacher Consultant

What is a What is a RESOURCE?RESOURCE?

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1. Something that a country has and can use to increase its wealth

2. A supply of something (such as money) that someone has and can use when it is needed3. A place or thing that provides something useful

Different types of Different types of RESOURCESRESOURCES

Non-RenewableNon-Renewable

A resource that is in limited supply and cannot be

replaced once it has been

extracted and used.

A resource that can be used and replaced to use

again.

PerpetualPerpetual

A resource that is not affected by human

use of them.

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RenewableRenewable

Example of Example of ResourcesResources

Can YOU identify which Can YOU identify which type?type?

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Water - Renewable

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Wind - Perpetual

Timber - Renewable

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Coal – Non-Renewable

Oil – Non-Renewable

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Sunlight - Perpetual

What RESOURCE played a What RESOURCE played a major role in exploration and major role in exploration and expansionism in U.S. history?expansionism in U.S. history?

GOLDGOLD

History of GOLDHistory of GOLDWho discovered it & Where did it Who discovered it & Where did it

come from?come from?Gold is believed to have been discovered as far Gold is believed to have been discovered as far

back as 4000 B.C.back as 4000 B.C.

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The first money in the form of gold coins appeared about

700 B.C.

It was probably mined in the Transylvanian Alps or the Mount Pangaion area in Thrace where a culture,

centered in what is today Eastern Europe, began to use

gold to fashion decorative objects.

History of GOLDHistory of GOLDWhy is it so valuable to humans?Why is it so valuable to humans?

Gold has always been powerful stuff!Throughout history, gold has appealed

to humans.

It was the first known medal widely known to our species and humans

valued it even before it was money.

Early civilizations equated gold with gods and rulers, and gold was sought in their name and dedicated to

their glorification.

The “value” of gold began in the Classic period of history where the Greeks mined it and used it as

money.

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GOLD in U.S. HistoryGOLD in U.S. History

With the “discovery” of the New World by Christopher Columbus and the Spanish came the search for GOLD.

In 1511, King Ferdinand of Spain said to explorers, “Get gold, humanely if you can, but by all hazards, get gold,” launching massive expeditions to the newly claimed lands of the Western Hemisphere.

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Upon becoming a new nation, the first U.S. gold coin Upon becoming a new nation, the first U.S. gold coin was struck by Ephraim Brasher, a goldsmith, in 1787.was struck by Ephraim Brasher, a goldsmith, in 1787.

GOLD in U.S. HistoryGOLD in U.S. History

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And from there the search for gold in the And from there the search for gold in the United States was a never ending adventure!United States was a never ending adventure!

The state of North Carolina was the first The state of North Carolina was the first to document gold discovery in the United to document gold discovery in the United

States.States.

GOLD in U.S. HistoryGOLD in U.S. History

In 1799, a 17-pound

gold nugget was found in

Cabarrus County.

In 1803, gold was

discovered at Little Meadow

Creek, sparking the first U.S. gold

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GOLD in U.S. HistoryGOLD in U.S. History

This event would lead to “gold fever” in the

United States.

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Numerous hopefuls would try to strike it rich by discovering

gold. Whether it was in California, Nevada,

South Dakota, or Alaska, many risked everything to be a

part of the “Gold Rush.”