Ask Question
12 March, 03:30

How did William Seward's purchase of Alaska and the Aleutian Islands become profitable?

+2
Answers (1)
  1. 12 March, 04:09
    0
    The purchase of Alaska was profitable a great deal. First, it must be noted that the purchase was for Geo-political reasons. The actual price was repaid in twenty years through the sale of fur seal skin. In addition, huge deposits of copper, oil and timber hugely exceeded the benefits. currently, it is agreed that the purchase is over 7 times profitable. The fact that the purchase proved profitable implies that the secretary of state was ahead of several of his many critics.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “How did William Seward's purchase of Alaska and the Aleutian Islands become profitable? ...” in 📘 History if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers