Which statement best captures the view of 'Seward's Folly'?

The statement that highlights the view of 'Seward's Folly' as one where the land was considered economically viable only in the long term reflects the skepticism initially surrounding the purchase of Alaska. Right after the acquisition in 1867, many critics dubbed the purchase a folly, indicating that they believed it was a waste of money and that the land held little immediate value. However, over time, it became clear that Alaska was rich in natural resources, such as gold, oil, and minerals, which would lead to significant economic benefits for the United States in the long run. This perspective captures the initial doubts of contemporaries who could not foresee the vast potential of Alaska, thereby supporting the assertion that its economic viability was recognized primarily as a long-term prospect rather than an immediate benefit.