<p>It depends on what they mine there and how big are the layoffs. Boomtowns are usually formed when they set up mines in remote regions. After the mines are depleted or become economically non-viable, workers leave and the boomtown becomes a ghost town. Since the economy of such places heavily relies on income from mining, it cannot survive once the money stop flowing. You can read up on the history of boomtowns and ghost towns on wikipedia to see if that is what you are looking for.</p>

<p>Boomtowns:
<a href="https://en.wikipedia.org/wiki/Boomtown" rel="nofollow">https://en.wikipedia.org/wiki/Boomtown</a></p>

<p>Ghost towns:
<a href="https://en.wikipedia.org/wiki/Ghost_town" rel="nofollow">https://en.wikipedia.org/wiki/Ghost_town</a></p>

CC BY-SA 3.0
2015-12-01T02:06:16.673Z
2015-12-01T02:06:16.673Z
Arthur Tarasov
<p>I am currently unsure about how such a question above should be answered. To clarify , I am confused as  of which topics relating to the question i should discussion in order to answer it. (For example) Fewer jobs in the region means fewer small business due to poor economic conditions which impacts the region's long term trade.</p>

<p>Does any with experience in the economics have an idea of how such a question is to be answered?</p>

<macroeconomics><microeconomics>
What are the Impacts on an economy when a large mining venture begins to reduce production and lay off workers in a remote region?
Bill
# What are the Impacts on an economy when a large mining venture begins to reduce production and lay off workers in a remote region?

(Asked by: username_0 on 2015-11-30)

I am currently unsure about how such a question above should be answered. To clarify , I am confused as of which topics relating to the question i should discussion in order to answer it. (For example) Fewer jobs in the region means fewer small business due to poor economic conditions which impacts the region's long term trade.

Does any with experience in the economics have an idea of how such a question is to be answered?

**Tags:** macroeconomics, microeconomics


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## 1 answers

### Answer by username_1 on 2015-12-01. Score: 1

It depends on what they mine there and how big are the layoffs. Boomtowns are usually formed when they set up mines in remote regions. After the mines are depleted or become economically non-viable, workers leave and the boomtown becomes a ghost town. Since the economy of such places heavily relies on income from mining, it cannot survive once the money stop flowing. You can read up on the history of boomtowns and ghost towns on wikipedia to see if that is what you are looking for.

Boomtowns:
<https://en.wikipedia.org/wiki/Boomtown>

Ghost towns:
<https://en.wikipedia.org/wiki/Ghost_town>


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