The Alaska Native Claims Settlement Act (ANCSA)

The Alaska Native Claims Settlement Act (ANCSA) of 1971 was a law that settled land claims for Alaska Natives by compensating them with land and money instead of Title ownership. It created regional and village corporations to manage these assets, providing Native communities with economic opportunities and control over their resources. The act aimed to resolve longstanding disputes over traditional lands, promote economic development, and integrate Native populations into the broader economic framework of Alaska, while also preserving some cultural and subsistence rights.