Question

7. William Seward’s purchase of Alaska in 1867 was initially called “Sewards Folly” by his opponents, but the purchase proved to be a bargain because

a. Alaska had many natural resources
b. the area lay strategically near Southeast Asia
c. Alaska had an important coaling station
d. Canada later offered more money to buy it

Answer 1

William Seward’s purchase of Alaska in 1867 was initially called “Sewards Folly” by his opponents, but the purchase proved to be a bargain because (A) Alaska had many natural resources.

Step-by-step explanation:

Alaska was found to be a region with many natural resources. These plenty of resources gave way to to the purchase of seward folly. Many great and generous transactions were made during this time. Dealings like to buy and sell goods at a cheaper price was also there.

A good social relationship was established betweem the buyers and sellers as well. The secretary or the chief officer of the United States believed and realised that this is a false dealing. As folly means false. They were not satisfied wih this sewards folly at all.