<u>Answer</u>:
William Seward’s purchase of Alaska in 1867 was initially called “Sewards Folly” by his opponents, but the purchase proved to be a bargain because (A) Alaska had many natural resources.
<u>Explanation</u>:
Alaska was found to be a region with many natural resources. These plenty of resources gave way to to the purchase of seward folly. Many great and generous transactions were made during this time. Dealings like to buy and sell goods at a cheaper price was also there.
A good social relationship was established betweem the buyers and sellers as well. The secretary or the chief officer of the United States believed and realised that this is a false dealing. As folly means false. They were not satisfied wih this sewards folly at all.
The creation of NATO and the Warsaw Pact shows the dedication to security of the United States and Soviet Union by creating political/military alliances. Both of these organizations formed after World War II give the Soviet Union and the United States peace of mind in case of another war breaking out. The US teamed up with countries like Great Britain, France, and Denmark to create NATO while the Soviet Union aligned themselves with countries like Romania and Albania.
Dynastic cycle is an important political theory in Chinese history. According to this theory, every dynasty goes through a culture cycle. A new ruler unites China, founds a new dynasty, and gains the Mandate of Heaven.
In this way the Declaration of Independence makes is crystal clear that government has one overarching purpose; that of protecting the inherent human rights of life, liberty and property (pursuit of happiness).
