How did the U.S. acquire Alaska?

The acquisition of Alaska by the United States occurred through a purchase from Russia in 1867. This transaction is commonly known as "Seward's Folly," named after Secretary of State William H. Seward, who was a strong proponent of the purchase. The U.S. purchased Alaska for $7.2 million, a significant amount at that time, which equated to roughly two cents an acre. The purchase was seen as a strategic move, expanding U.S. territory and interest in North America while eliminating Russian presence from the continent.

The decision to purchase Alaska was influenced by several factors, including the desire for territorial expansion and the potential wealth of natural resources, such as gold, oil, and fisheries, which became evident in later years. The acquisition played a crucial role in U.S. imperialism, reflecting the nation's growing ambitions beyond its continental borders.