Translations:AY Honors/Gold Prospecting/Answer Key/14/en

News reached the United States in July 1897 at the height of a significant series of financial recessions and bank failures in the 1890s. The American economy had been hard hit by the Panic of 1893 and the Panic of 1896 which caused widespread unemployment. Many who were adversely impacted by the financial crises were motivated to try their luck in the gold fields. The first successful prospectors arrived in San Francisco, California on July 15 and in Seattle, Washington on July 17, setting off the Klondike stampede. In 1898, the population in the Klondike may have reached 40,000, which threatened to cause a famine. [[Image:Klondike mining camp.jpg|thumb|left|A typical gold mining operation, on Bonanza Creek. Men from all walks of life headed for the Yukon from as far away as New York, the United Kingdom, and Australia. Surprisingly, a large proportion were professionals, such as teachers and doctors, even a mayor or two, who gave up respectable careers to make the journey. Most were perfectly aware of their chance of finding significant amounts of gold were slim to none, and went for the adventure. As many as half of those who reached Dawson City kept right on going without doing any prospecting at all. Thus, by bringing large numbers of entrepreneurial adventurers to the region, the Gold Rush significantly contributed to the economic development of Western Canada, Alaska and the Pacific Northwest.