Answer:
"Seward's Folly" was a nickname given to the United States' acquisition of Alaska from Russia in 1867. Many people at the time believed it was a foolish move because Alaska was seen as a distant, cold, and inhospitable place with few resources and no strategic value. However, in the years following the acquisition, it was discovered that Alaska had rich deposits of gold, oil, and other minerals, and it became an important part of the United States. It also has strategic military value, as it is close to Russia and has played a role in the defense of the US. So, while it may have seemed like a mistake at the time, the acquisition of Alaska has proved to be a valuable asset for the United States.
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