It was the "Open Door Policy" that was the name of the trading policy that Secretary of State John Hay initiated with China and the European nations that already had a presence there, since the US wanted to benefit from trade with China as well.
Stereotype is the answer. Stereotypes are generalizations of a certain group of individuals simply based on them being from the group. For example all Americans are fat. Or all children are disrespectful. <span />
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While we can name many characters that were important in the process of annexing Texas to the United States, the name that stands out is Samuel Houston.
When the US Congress voted for the annexation of Texas at the end of February 1845, Mexico suspended its diplomatic relations with the US Union, warning that the annexation of Texas would be considered an act of war.
In Texas two political groups would be formed: a small portion, partisan of Texas independence, whose most important representatives were Anson Jones and Ashbel Smith; The other, more numerous and popular, was headed by Samuel Houston and was in favor of annexation to the United States.
The two possible outcomes are:
1. The boomtown losses it's economic power, and people migrate away from it to other places that they consider better for living, and thus leaving it as a ghost town.
2. After the main income of the boomtown is lost, people put their efforts into other things that can make them survive and keep the town alive, maybe a timber industry, fishing, agriculture, tourism.