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On October 18, 1867, Alaska was formally transferred from Russia to the United States and despite what some may think, the Americans didn’t steal or invade Alaska. The sale, in fact, was on good terms and both sides had reason to do so. Russia sold Alaska for a total of $7.2 million dollars and considering that Alaska is the largest state in the United States and its current GDP is $50 billion dollars, one would think that there is no reasonable explanation as to why Russia sold such a large territory for so little money. So the questions are: why did Russia really sell Alaska? Why didn’t everyone in the United States agree to the purchase? And why has Alaska been in recession the last few years?
Other videos of interest:
Why is AUSTRALIA so RICH? – Why is it call the LUCKY COUNTRY?
https://youtu.be/sQUOIEW8HG4
– Why is The NETHERLANDS so RICH? – How it became the world’s second largest exporter of food?https://youtu.be/m4pYJ-YCQm0
Some sources:
– Alaska, in “survival mode”, is America’s worst state for business in 2021.
https://www.cnbc.com/2021/07/13/why-oil-rich-alaska-is-americas-bottom-state-for-business.html
– Gibson, J. (1983). The Sale of Russian America to the United States.
https://eprints.lib.hokudai.ac.jp/dspace/bitstream/2115/7925/1/KJ00000033979.pdf
#economicsnation #alaska #russia
The post Why RUSSIA had to sell ALASKA to the UNITED STATES? – Were they allies or enemies? appeared first on HumanitasConnects.
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