How much cash was provided to settle claims under the ANCSA?

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The cash provided to settle claims under the Alaska Native Claims Settlement Act (ANCSA) was indeed $1 billion. This act was established in 1971 to resolve land claims and promote economic development for Alaska Natives. The settlement included not only the allocation of land but also this substantial sum, which was intended to support the economic viability of Alaska Native corporations and communities.

This $1 billion allocation reflects the federal government's commitment to compensating Alaska Natives for their loss of traditional lands and resources due to statehood and development initiatives. Thus, this amount was a critical component of the final settlement, aiding in the transition to self-sufficiency for Alaska Native entities. The other amounts listed in the options do not correspond to the dollar values legislated under ANCSA, making $1 billion the accurate figure for this question.

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