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Why was Alaska such a good deal for the US?

Updated: 8/19/2019
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12y ago

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The land purchase was significant several reasons. In the short term: the seemingly worthless land cost the U.S. approximately $0.01 per acre. It contained later discovered significant mineral deposits. The most well known being gold, provoking a California-esk rush of exploration. More recently, the oil deposits and territorial location has been significant in America's world position. A notable portion of America's not insignificant oil reserves are found in the Alaskan territory. Its location offers a very relevant military platform both as a buffer to the former Soviet Union and communication/observation outpost due to its nearness to the Pole. It's location and coast line also provides bountiful, varied, and lucrative fishing grounds that can be responsibly governed due to being within territorial waters.

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Q: Why was Alaska such a good deal for the US?
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Was buying Alaska a good deal?

It got Russian claims to the Oregon Territory voided and Alaska later proved to be mineral rich and the perfect location for sports hunters and fisherman. It has a thriving seafood industry and is the home to almost 700,000 Americans.


Did the Russians think they sold Alaska to the us for a bad deal?

No!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Was it a cool deal Or did they get freezer burned how much did the US pay to buy Alaska?

It was 7.2 milion dollars, and it was the deal of the century!


What state in the US lies closer to russia?

Alaska...... good luck to those of you who are doing the crossword puzzle!! :)


When did the US buy Alaska?

The United States agreed to buy Alaska from Russia on March 30, 1867, and the price tag was $7.2 million. Alaska became a US state on January 3, 1959. Many Americans questioned the value of this deal when it was made. It turned out to be a good deal for the US.


What is the difference between the US and Alaska?

Alaska is in the U.S. but the U.S. is not in alaska <><><> Alaska is PART of the US. It is a state.


About how far is Alaska from the US?

Alaska IS part of the US.


What was the name of the purchase of Alaska from Russia?

US Secretary of State Seward was able to purchase the territory now known as the state of Alaska from Russia. Many people believed it was a worthless purchase and nicknamed it "Seward's Folly". The purchase took place in 1867. Until purchased by the US, it was called Russian Alaska. It turned out to be a valuable deal for the US.


Which US State is larger than Alaska?

No US state is larger than Alaska. Alaska is the largest state in the US.


Was the treaty to purchase Alaska signed in the US or Alaska?

Well, Alaska is part of the US. The treaty was, however, signed outside of Alaska.


What is the distance between Alaska and the US?

Alaska borders Canada, so I suppose it really depends on how far into Alaska you are.


Why was Alaska such a good purchase for the us?

Because Alaska is a very large area and contains a huge amount of valuable resources, including gold and oil.