How Alaska Went From ‘Seward’s Folly’ to America’s Gold Mine! 💰❄️ #shorts #history

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How Alaska Went From ‘Seward’s Folly’ to America’s Gold Mine! 💰❄️ #shorts #history

Alaska: From Folly to Fortune – The Untold Story of America's Last Frontier

In 1867, Americans laughed at Secretary Seward for buying an ‘icebox’—now Alaska generates *$100+ billion* in wealth. Here’s the wild journey:*

1. The $7.2 Million ‘Icebox’ (1867)
Critics called it “Seward’s Folly”

Paid just 2 cents per acre for 586,412 square miles

Russia thought they tricked America... until...

2. Gold Fever Strikes (1896-1914)
Klondike Gold Rush brought *100,000+ prospectors*

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1.2billioningoldfound(∗40B today*)

Created instant cities like Skagway

3. Black Gold Boom (1968-Present)
Prudhoe Bay oil discovery: 25 billion barrels

Trans-Alaska Pipeline built in 3 years flat

Funds the $65B Alaska Permanent Fund (pays residents yearly)

Mind-Blowing Twist 💡
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7.2Mpurchasewouldbeworth∗125 TRILLION* today in resources!

Why It Matters
Alaska proves:
✅ Big risks = Big rewards
✅ Natural resources trump politics
✅ Sometimes the “fools” win

⚠️ Controversy: Russia reportedly regrets the sale... but it’s too late!"


Alaska purchase history, Seward's folly truth, Klondike gold rush, Alaska oil discovery, Russian America sale, Alaskan economic boom, last frontier wealth




#alaska #history #goldrush #oil #money #economy #russia #usa #purchase #wealth #investment #frontier #discovery #geology #finance #business

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