Lesson 59 of 84 · Westward Expansion
⭐ 30 XPAlaska Purchase: Seward's Folly
The Alaska Purchase, also known as Seward's Folly, was the acquisition of Alaska by the United States in 1867.
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Then & Now
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The Alaska Purchase, also known as Seward's Folly, was the acquisition of Alaska by the United States in 1867. Secretary of State William H. Seward negotiated the purchase from Russia for $7.2 million. At the time, many people thought it was a foolish decision because Alaska seemed barren and unimportant. However, later discoveries of gold and oil proved that the land was rich in resources, making the purchase a significant success for the United States.
Key Facts
The Alaska Purchase occurred in 1867.
It was negotiated by Secretary of State William H. Seward.
Many initially thought the purchase was a bad idea.
Check Your Understanding
Question 1
1 of 2Who negotiated the purchase of Alaska?
Why this still matters
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