Answer:
1. On December 18, 1971, Public Law 92-203, the "Alaska Native Claims Settlement Act," was signed into law by President Nixon. Public Law 92-203 was enacted by Congress to settle the claim of Alaska's native Indian Aleut and Eskimo population to aboriginal title to the land on which they have lived for generations
2. Katalla was at the center of the now-abandoned Katalla oil field. This was the first discovery of commercial quantities of oil in Alaska (1902). ... A Korean coal mining consortium resurrected potential interest in Katalla after they did coal exploration in the Bering River coal fields in the early 1980s.
3.Section 2 (a) there is an immediate need for a fair and just settlement of all claims by Natives and Native groups of Alaska, based on aboriginal land claims; ... Congress would settle Native land rights on the basis of how much money and land Alaska Natives needed. ANCSA extinguished aboriginal title to lands in Alaska.
4.Title VIII of ANILCA contains the rural preference provision. Subsistence became a highly charged, highly visible and emotional issue in Alaska. ... However, the rural preference in ANILCA is in conflict with the state constitution, which declares that Alaska's natural resources belong equally to all citizens.
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6.The growing awareness among Alaska Natives over the possible impacts of continued corporate management led to widespread Native participation in securing the terms of the 1991 amendments, galvanizing the tribal movement and debates over status and rights today.
7.The Prudhoe Bay oil discovery in the 1960s changed Alaska's economy significantly. The state's oil production dominates the economy. In 1961, summer jobs in fishing and construction made up the majority of Alaska's private jobs, with 66% higher employment in the summers.
8.In addition to adding more than 104 million acres to existing CSUs in Alaska, ANILCA contained numerous unique provisions to address Alaska's needs for economic development on state and private lands, for transportation and utility infrastructure, and to protect continued uses of federal lands.
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10.All Alaskan citizens with a residence of one year or more are eligible, except for those who have been convicted of state felonies, are incarcerated, or are convicted of specific misdemeanors. The fund invests in a variety of areas, including equities, fixed income, real estate, and private equity
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Explanation:
