WORLD HISTORY

HISTORY

THE AGE OF IMPERIALISM

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Why was the purchase of Alaska in 1867 important to the development of the United States economy?
A
It made the country a dominant imperialistic force.
B
The land was rich in timber, gold, and oil.
C
The region set up an extensive trading network.
D
It established thousands of square miles of national forests.
Explanation: 

Detailed explanation-1: -The purchase of Alaska in 1867 marked the end of Russian efforts to expand trade and settlements to the Pacific coast of North America, and became an important step in the United States rise as a great power in the Asia-Pacific region.

Detailed explanation-2: -As Alaska had nearly 586, 400 square miles, the cost was only about two cents per acre. Alaska ultimately proved to be rich in natural resources of timber, coal, copper, gold, and oil as well as salmon and furs.

Detailed explanation-3: -Public opinion of the purchase turned more favorable when gold was discovered in Nome, Alaska, in 1899, sparking a gold rush. Alaska became the 49th state on January 3, 1959, and is now recognized for its vast natural resources. Today, 25 percent of America’s oil and over 50 percent of its seafood come from Alaska.

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