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Did you know that the United States purchased Alaska from Russia for a mere 2 cents an acre? #

On March 30, 1867, American Secretary of State, William H. Seward, orchestrated one most significant real estate bargains in history.
In a deal known as the "Alaska Purchase," America bought Alaska from Russia for $7.2 million, equivalent to roughly 2 cents per acre. The deal, initially dubbed as "Seward's Folly" because of its perceived foolishness, turned out to be anything but. Alaska, today, is rich with resources like oil, gas, gold, and fisheries, proving to be a goldmine for the country. Indeed, the purchase of Alaska is now hailed as a masterstroke in American diplomacy and economic foresight. The expansive land that was once ridiculed is now valued for not only its rich resources but also its strategic importance and extraordinary natural beauty.

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