In our studies, we learned of something that was called "Seward's Folly"What was "Seward's Folly"? The Secretary of State believed in vampires Purchase of the Alaska Territory, now the state of Alaska, for 7.2 million dollars His treaty with Nicaragua to build a canal through that country His push for the annexation of the Midway Islands in the Pacific

## Step 1<br />"Seward's Folly" is a term used to describe the United States' purchase of Alaska from Russia in 1867. This term was coined by critics of the deal, who believed that the United States had made a mistake in purchasing the territory.<br />## Step 2<br />The term "Seward's Folly" is derived from the name of the United States' Secretary of State at the time, William H. Seward, who orchestrated the purchase.<br />## Step 3<br />The purchase was made for 7.2 million dollars, which was a significant amount of money at the time. The critics of the purchase believed that the money could have been better spent elsewhere, hence the term "Seward's Folly".<br />## Step 4<br />The other options provided, such as the Secretary of State believing in vampires, his treaty with Nicaragua to build a canal through that country, and his push for the annexation of the Midway Islands in the Pacific, are not related to "Seward's Folly".