The Origin of Trump’s Family Fortune

The transcript discusses the origins of Donald Trump's family wealth, tracing back to Friedrich Trump, who emigrated from Germany to the US in the 1880s. Friedrich initially started a barbershop in New York before moving west during the gold rush. He established the Arctic restaurant in Bennett, Canada, which catered to miners with food, drink, and other services. The business was successful, and when Bennett was bypassed by the railroad, Friedrich and his partner moved the restaurant to Whitehorse, continuing to profit from the gold rush economy.

What motivated Friedrich Trump to move from New York to the West?

• He wanted to open a new barbershop.

• He wanted to join his family in Seattle.

• He was following the gold rush opportunities.

• He was escaping political unrest in Germany.

What type of services were offered at the Arctic establishment?

• It was a hotel for miners.

• It offered food, drinks, and companionship.

• It provided mining equipment.

• It was a simple barbershop.

How did the Arctic establishment gain its reputation during the gold rush?

• By providing private services for miners.

• Through its luxurious accommodations.

• By being the only establishment in Bennett.

• By offering unique mining tools.

What was the strategic move made by Friedrich Trump and his partner after Bennett became a ghost town?

• They returned to Germany.

• They opened a new restaurant in Seattle.

• They moved their business to Whitehorse.

• They invested in a mining company.

What was the main reason for the success of Friedrich Trump's business during the gold rush?

• High demand for mining tools.

• The scarcity of food and entertainment for miners.

• The support from the local government.

• The discovery of a new gold mine.