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What does 'boom' refer to in the term "Florida Land Boom?"

Sagot :

Answer:

People who recognized this economic change and wanted to make money by selling land poured into Florida.

Explanation:

These people, known as land speculators, bought land at cheap prices and sold it at a large profit. During this boom, however, most people who bought and sold land in Florida had never even set foot in the state.

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