RethinKnoww

 The 30th of March, 1867 was a historic day for the United States of America; 1.5 million  k m 2  of practically barren ice was purchased by the government from the Russian Empire for a whopping $7.2 million (equivalent to $132 million 2019 dollars).  At the time, many people believed that this was a sheer waste of public funds and won't benefit the United States in any way. Consequently, many opponents named the purchase as 'Seward's Folly' after the Ameican figurehead of the deal, Secretary of State William Seward.   With hindsight, we can see that all of this criticism was irrational and unjust. Today, Alaska contributes more than 50 billion dollars each year to the US economy with its main exports being oil, natural gas, and seafood. So, according to me, the acquisition of Alaska was a very wise move by Seward and evidently proved to be very fruitful for the US in the long run.  Therefore, the question we are gonna ask in this blog is whether or not the sale of Alas