Question

According to McCarthy, what were some of the factors contributing to the gold mining boom in the 1990s?

a) Increased demand for gold, rising gold prices, and government incentives
b) Technological advancements in mining, government subsidies, and international investments
c) Environmental awareness, sustainable mining practices, and community involvement
d) Decline in other industries, economic recession, and government regulations

Answer 1

Option a)Increased demand for gold, rising gold prices, and government incentives were some of the factors contributing to the gold mining boom in the 1990s.

Step-by-step explanation:

The factors contributing to the gold mining boom in the 1990s, according to McCarthy, were a)increased demand for gold, rising gold prices, and government incentives.

These factors created a favorable environment for gold mining and attracted investment in the industry. With the increased demand and rising prices, mining companies were motivated to expand their operations, leading to a boom in gold mining during that period.