Question

Why was the purchase of Alaska referred to as "Seward's Folly?"

The land was known to be extremely valuable due to its strategic location in 1867


The land was known to be extremely valuable due to its large amount of natural resources in 1867

The land was known to be extremely valuable due to its wildlife population in 1867


It was known to have little to no value in 1867

Answer 1

It was known to have little to no value in 1867

Step-by-step explanation:

The purchase of Alaska was called Seward's Folly because it was considered a mistake. The U.S. Secretary of StateWilliam H Seward arranged the deal for the United States to purchase Alaska from Russia. The discovery of gold in Alaska was the first sign of value.