USA HISTORY

MAKING OF A NEW NATION 1776 1800

THOMAS JEFFERSON

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What did the United States’ purchase of the Louisiana Territory cost France?
A
Access to an abundant supply of natural resources.
B
Tariff revenues from goods traded along the Mississippi River.
C
Relocation of its peoples to other territories.
D
An abundant supply of Native American soldiers
Explanation: 

Detailed explanation-1: -However, when they were offered the entire territory of Louisiana – an area larger than Great Britain, France, Germany, Italy, Spain, and Portugal combined – the American negotiators swiftly agreed to a price of $15 million.

Detailed explanation-2: -When France offered to sell the Louisiana Territory to the United States in 1803, Jefferson wanted to seize the opportunity to double the size of the nation and to provide future generations with a seemingly inexhaustible supply of new farmland.

Detailed explanation-3: -Napoleon Bonaparte sold the land because he needed money for the Great French War. The British had re-entered the war and France was losing the Haitian Revolution and could not defend Louisiana.

Detailed explanation-4: -But despite landing Louisiana for less than three cents an acre, the price was more than the United States could afford. As a result, it was forced to borrow from two European banks at 6 percent interest.

Detailed explanation-5: -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.

There is 1 question to complete.