Lesson 27 of 84 · Westward Expansion
⭐ 30 XPAlaska Purchase: Seward's Folly
The Alaska Purchase, often called 'Seward's Folly,' occurred in 1867 when the United States bought Alaska from Russia for $7.
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The Alaska Purchase, often called 'Seward's Folly,' occurred in 1867 when the United States bought Alaska from Russia for $7.2 million. At the time, many people criticized the purchase, believing Alaska was a barren wasteland. However, the discovery of gold and other natural resources later proved the value of this acquisition. The purchase expanded U.S. territory and opened up new opportunities for exploration and settlement.
Key Facts
The Alaska Purchase occurred in 1867.
It was criticized as 'Seward's Folly' at the time.
The discovery of gold later proved the purchase valuable.
Check Your Understanding
Question 1
1 of 2In what year did the United States purchase Alaska?
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