bonanza
The word 'bonanza' is derived from Spanish and maintains the same spelling in both English and Spanish languages. In the mining industry, 'bonanza' is used to describe a rich vein or pocket of ore. In a broader sense, it is often used to depict a situation leading to sudden profit, wealth, or good luck. Therefore, 'bonanza' in English is used to denote a rich source of something or a situation that creates a sudden increase in wealth or profits.
The economic boom allowed many to open their own businesses.
This sentence refers to a time of great prosperity or a 'boom' in the economy. The use of the word 'bonanza' here is indicating a particularly rich period of economic growth, which enabled many individuals to start their own ventures.
The harvest's bonanza this year was exceptional.
In this context, 'bonanza' refers to a large or plentiful amount, particularly related to the yield of a harvest. The sentence is implying that this year's harvest was particularly fruitful or productive.
After the bonanza of the 90s, the industry fell into recession.
This sentence uses 'bonanza' to talk about a prosperous or successful period, specifically referring to the 90s. After this period of success the industry experienced a setback, indicated by the term 'recession'.