Russian settlement in Alaska

Russian settlement in Alaska began in the 18th century, driven by the fur trade and economic interests. Russian explorers and fur traders established outposts and settlements, notably in places like Kodiak Island and Sitka. They sought valuable sea otter pelts, leading to extensive hunting. The Russian-American Company was formed to manage these activities. However, the harsh climate and logistical challenges, alongside declining fur populations, made the settlements less viable over time. In 1867, the United States bought Alaska from Russia for $7.2 million, marking the end of significant Russian presence in the region.