USA HISTORY

Detailed explanation-1: -In return for fifteen million dollars, or approximately eighteen dollars per square mile, the United States nominally acquired a total of 828, 000 sq mi (2, 140, 000 km2; 530, 000, 000 acres) in Middle America.

Detailed explanation-2: -The Louisiana Purchase has been described as the greatest real estate deal in history. In 1803 the United States paid France $15 million for the Louisiana Territory–828, 000 square miles of land west of the Mississippi River.

Detailed explanation-3: -Foreign Minister Talleyrand tells Livingston that France is willing to sell all of Louisiana. Monroe arrives in Paris and joins Livingston in negotiations with Finance Minister Barbé-Marbois. Monroe, Livingston, and Barbé-Marbois agree on terms of sale: $15 million for approximately 827, 000 square miles of territory.

Detailed explanation-4: -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-5: -France had ceded Louisiana to Spain in 1762 in the Treaty of Fountainebleau. But in 1800–1801, France took it back under the terms of the Treaty of San Ildefonso in 1800 and the Convention of Aranjuez in 1801.