Explore how Russia's desperate post-Crimean War finances led to selling Alaska for $7.2 million in 1867, despite American public outrage calling it 'Seward's Folly' - and why this 'frozen wasteland' became history's greatest bargain.
Best quote from Alaska Purchase: America's Greatest Real Estate Gamble
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The Alaska purchase teaches us so much about short-term thinking versus long-term vision. What seems worthless today might be invaluable tomorrow, and the most important decisions often require the courage to act on a strategic vision despite fierce short-term criticism.
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Input question
Provide a summary of History of US purchase of Alaska. Why it was done, pro and con thinking at the time, why Russia did it
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