The United States government bought the Louisiana Territory from France for roughly $15,000,000 in 1803 dollars (or 3 cents per acre), $3.75 million of which was debt the U.S. forgave France for. In today’s dollars that would be about $300 million...
1 day ago · The Louisiana Purchase, as it is known, is considered one of the greatest land deals in American history, not only because it was a bargain – costing about 3 cents an acre – but also because it more than doubled America’s size, giving America the louisiana purchase cost middle third of the continental nation it would eventually become.
The Louisiana Purchase assured U.S. President Thomas Jefferson that the country would control the important port of New Orleans. It also provided the assurance of continued access to the ...
1 Nonresidents may purchase temporary hunting licenses to hunt small game (including migratory birds), deer (with any approved weapon), louisiana purchase cost and turkey for one-day periods. These licenses are all-inclusive—you do not need any other license—and are valid for one day only. 2 Any resident who turned 60 years old on or after June 1, 2000 must obtain a Senior Hunting/Fishing License to hunt or fish.
Value of $15,000,000 from 1803 to 2020 According to the Bureau of Labor Statistics consumer price index, today's prices in 2020 are 2,204.32% higher than average prices since 1803. The U.S. dollar experienced an average inflation rate of 1.46% per year during this period, causing the real value of a dollar to decrease.. In other words, $15,000,000 in 1803 is equivalent in purchasing power to ...
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