President-elect Donald Trump’s interest in buying Greenland mirrors the U.S. acquisition of Alaska in 1867 for $7.2 million. While the Alaska deal faced criticism, it proved successful after the Klondike Gold Strike. Trump’s proposal would require negotiations with Denmark and compensation for Greenland’s 57,000 residents. The last U.S. territory purchase was in 1917 with the Danish West Indies, and acquiring Greenland would likely involve economic incentives or treaties.

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