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HIS 200 HIS200 HIS/200 7-3 Historical Analysis Essay.docx

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HIS 200 HIS200 HIS/200 7-3 Historical Analysis Essay.docx

Christian Lloyd HIS 200: Applied History Southern New Hampshire University August 17th, 2020
Historical Analysis Essay
For my historical event analysis, I have chosen to focus on the creation of the Alaska Native Corporations which arose from the Alaska Native Claims Settlement Act of 1971.
ThoughANSCA was passed as a direct result of land claim disputes over the discovery of oil in Alaska in1968, the argument for land rights started almost a century before.

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HIS 200 HIS200 HIS/200 7-3 Historical Analysis Essay.docx

Christian Lloyd HIS 200: Applied History Southern New Hampshire University August 17th, 2020
Historical Analysis Essay
For my historical event analysis, I have chosen to focus on the creation of the Alaska Native Corporations which arose from the Alaska Native Claims Settlement Act of 1971.
ThoughANSCA was passed as a direct result of land claim disputes over the discovery of oil in Alaska in1968, the argument for land rights started almost a century before.
Alaska Natives began their fight for land entitlement in 1867 after the United States purchased Alaska from the Russian Empire.
However, their cause had little traction until the creation of the Alaska Federation of Natives in 1966, which advocated for all Alaska tribes and gave them a recognized voice.
It didn’t take long for their now united voice to be heard; in 1968 oil was discovered in Alaska which caught the eye of the federal government.
Oil companies began planning a trans-Alaska pipeline and Alaska Natives resorted to activism in disapproval due to their claim of land rights.
The argument over Alaska land rights couldn’t be ignored any longer and after years of struggle a compromise was finally reached and the Alaska Native Claims Settlement Act came to fruition.
Under the act, Natives received 44 million acres of land and 963 million dollars, which was to bedivided amongst thirteen tribes that were now considered corporations, otherwise known as Alaska Native Corporations.
ANCs would receive the money and invest and administer on behalfof its shareholders, Alaska Natives, with the purpose of growing their individual economies.
In looking at the efforts and benefits of an Alaska Native Corporation for its individual tribe, I will pay particular attention to the financial advantages it has brought for its shareholders.Specifically, I will try to answer the following research question:
In its infancy, how did Alaska Native Corporations enhance the financial wellbeing of its shareholders?
The creation of Alaska Native Corporations was a way of giving the tribes of Alaska an opportunity for economic growth. They allowed monetary assistance to its Alaska Natives, or shareholders, for the foreseeable future.
Over the years, ANCs have become some of the most profitable businesses in the country and have served Alaska Natives fiscally by paying out annualdividends, awarding scholarships, and providing jobs

HIS 200 HIS200 HIS/200 7-3 Historical Analysis Essay.docx

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