The Greatest Real Estate Deal in History?

Feb 23, 2017 · square miles of land from France. This real estate deal came to be known as the Louisiana Purchase. Many scholars have called it the biggest feat in Jefferson's presidency because it so radically changed the United States. It all started with Jefferson's plans to spread the U.S. territory and bolster trade of its goods. The population

The Price of Western Expansion - 0

PER SQ. MILE MODERN $ PER louisiana purchase price per square mile SQ. MILE Put an X on the best land deal. Louisiana Purchase $18.12 $470,108 Treaty of Guadalupe-Hidalgo $16.39 $84,704 Purchase of Alaska $12.28 $18,356 X $1 IN IS WORTH THIS MUCH TODAY 1803 $25,950 1848 $5,168 1867 $1,495 EVENT AMOUNT OF LAND COST Louisiana Purchase 828,000 sq. miles $15 Million in 1803

Accounting for Conquest: The Price of the Louisiana ...

By then, the reach of U.S. preemption attributable solely to France's sale had contracted by more than a third, from nearly 1.3 million square miles to roughly 811,000 square miles. This reduced area, shown as the lightest gray in figure 2 , outlines the extent of the Louisiana Purchase adopted in this article.

Apr 15, 2016 · On April 11, 1803, France’s Treasury Minister François de Barbé-Marbois offered Livingston the entire Louisiana Territory for $15 million, a territory comprised of 827,000 square miles. The price in today’s dollars was approximately $230 million or 41 cents per acre. Back in America, there was opposition to the deal.

The United States government bought the Louisiana louisiana purchase price per square mile 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...

Learning About the Louisiana Purchase | Louisiana Travel

Louisiana is a close to 50,000-square-mile boot-shaped tract of land on the Gulf of Mexico coast. But our state is a fraction of the original Louisiana Territory, acquired by a young and fledgling United States from France in 1803. At the turn of the 19th century, President Thomas Jefferson saw French-held New Orleans as the stepping stone to secure American expansion beyond the Appalachian ...

U.S, History 1803 - 1853 timeline | Timetoast timelines

The Louisiana Purchase was the largest and most extraordinary louisiana purchase price per square mile land purchase in the history of the United States. It was also the cheapest (per square mile), only $15 million. Thanks Napolean! May 14, 1804. Lewis and Clark Expedition ...

Sep 03, 2018 · It did not finish repaying the loan until 1823, by which time the total cost for the Louisiana Purchase had risen to over $23 million. 5. The Louisiana negotiations helped put James Monroe in the ...

The Louisiana Purchase (1803) was a land deal between the United States and France, in which the U.S. acquired approximately 827,000 square miles of land west of the Mississippi River for $15 million.

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