25th November 2019


What happened in the Louisiana Purchase?

In October, Congress ratified the purchase, and in December 1803 France formally transferred authority over the region to the United States. The acquisition of the Louisiana Territory for the bargain price of less than three cents an acre was Thomas Jefferson's most notable achievement as president.

Beside this, what is the Louisiana Purchase worth today?

With a purchase price of just $15 million, the U.S. added some 13 states worth of territories at less than three cents per acre. With land costs today averaging between $1,000 and $4,000 per acre in the continental U.S., the total value of the Louisiana Purchase is therefore likely to be near $1.2 trillion.

What is the summary of the Louisiana Purchase?

The Louisiana Purchase was an American-French land deal in 1803. The United States purchased about 827,000 square miles of land from France for $15 million.

What is the Louisiana Purchase and why is it important?

The Louisiana Purchase is important because it gave the U.S. control of the Mississippi River and the port city of New Orleans, both of which were used by farmers to ship their crops and get paid.
Write Your Answer


94% people found this answer useful, click to cast your vote.

4.7 / 5 based on 3 votes.


Press Ctrl + D to add this site to your favorites!