Boomtown

A boomtown is a community that experiences sudden and rapid population and economic growth. The growth is normally attributed to the nearby discovery of a precious resource such as gold, silver, or oil, although the term can also be applied to communities growing very rapidly for different reasons, such as a proximity to a major metropolitan area, huge construction project, attractive climate, or popular attraction.

The California Gold Rush of the Western United States is a famous example of boomtown creation, as towns would seemingly sprout up in the river valleys, mountains and deserts around what was thought to be valuable gold mining country. In the late 19th century and the early 20th century boomtowns called mill towns would quickly arise due to sudden expansions in the timber industry that would last for a decade or so. Fort McMurray in Canada is a modern-day example of a resource-generated boomtown, as extraction of nearby oilsands requires a vast number of employees. A second modern example is Johannesburg in South Africa.