The USA bought Alaska from Russia for $7.2 million, or about 2 cents per acre
Alaska is a U.S state situated in the northwest extremity of the North American continent.
In 1867 the United States, led by Secretary of State William Seward, purchased the Alaska
territory from Russian government. Russia sold the territory for $7.2 million dollars.
This equals out to roughly two cents per acre. Russia was in a difficult financial position
and fearing a war with Britain who would seize Alaska hence the desire to sell.
The U.S. gained new territory of around 586,412 square miles.
it was admitted into the union as the 49th state of U.S in 1959, also making it the largest
state in the United States by area. It was the first state to enter the Union in 47 years.
Alaska Day celebrates the formal transfer of Alaska from Russia to the United States, which took place on October 18, 1867.
Not that it was frozen wasteland. Alaska’s economy is dominated by the oil, natural gas, and fishing industries Even today, it still has the largest fishing industry in the United States.
Tourism is also a significant part of the economy. Moreover, Alaska had gold.
The first major influx of Americans to Alaska occurred during the gold rush of the 1890’s.
Area: 1,717,854 km²
Population: 784,213 (2013)