For 60 million francs (about $15 million), the Louisiana Purchase gave the United States an area that stretched from New Orleans to Canada and from the Mississippi River to what is now Colorado and Idaho. That’s 828,000 square miles for about three cents an acre, surely one of the best real-estate bargains in history. But there was a problem.
The Greatest Real Estate Deal in History. The Louisiana Purchase has been described as the "greatest real estate deal in history." In 1803, The United States government louisiana purchase definition history purchased the Louisiana Territory from Napoleon I of France for 60 million Francs, or, about $15,000,000. $11,250,000 was paid directly and the remainder was covered by French debt to U.S. citizens.
Nov 06, 2018 · The Louisiana Purchase was by far the largest territorial gain in U.S. history, and was one of Jefferson’s greatest contributions to the nascent Union. Stretching from the Mississippi River to the Rocky Mountains, the purchase doubled the size of the United States.
The Louisiana Purchase added 828,000 square miles which doubled the land area of the United States (0 1). The importance of the Louisiana Purchase can be best appreciated by understanding why this purchase was considered significant to the United States, why France agreed to sell such a sizable amount of land, and how the Louisiana ...
The Louisiana Purchase nearly doubled the louisiana purchase definition history size of the United States and the cost of about four cents an acre was a breathtaking bargain. (The Granger Collection, New York)
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