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Land speculation and the mineral wealth that created the community was quickly depleted.

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17y ago
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6mo ago

Population may drop in boomtowns due to economic downturns, depletion of Natural Resources, completion of major projects, or changes in industry demand. As opportunities diminish, people move to other regions in search of better prospects, leading to a decline in population.

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Q: Why did the population drop in many boomtowns?
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