USA HISTORY

Detailed explanation-1: -In this transaction with France, signed on April 30, 1803, the United States purchased 828, 000 square miles of land west of the Mississippi River for $15 million. For roughly 4 cents an acre, the United States doubled its size, expanding the nation westward.

Detailed explanation-2: -Introduction. The Louisiana Purchase is considered the greatest real estate deal in history. The United States purchased the Louisiana Territory from France at a price of $15 million, or approximately four cents an acre. The Louisiana Purchase Treaty was signed in Paris on April 30, 1803.

Detailed explanation-3: -In 1803 the United States paid France $15 million for the Louisiana Territory–828, 000 square miles of land west of the Mississippi River. The lands acquired stretched from the Mississippi River to the Rocky Mountains and from the Gulf of Mexico to the Canadian border.

Detailed explanation-4: -Jefferson had only given Monroe and Livingston instructions to spend up to $10 million to purchase New Orleans and West Florida. But when the French offered them a $15 million deal for all of Louisiana, they consented immediately.