USA HISTORY

THE VIRGINIA DYNASTY 1801 1825

WAR OF 1812

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How much was the Louisiana Territory sold for?
A
1 Million
B
5 Million
C
10 Million
D
15 Million
E
100 Million
Explanation: 

Detailed explanation-1: -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-2: -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.

Detailed explanation-3: -The Louisiana Purchase encompassed 530, 000, 000 acres of territory in North America that the United States purchased from France in 1803 for $15 million.

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.

Detailed explanation-5: -There were 222 land relinquishments from Indian communities to the U.S. government between 1804 and 1970. The final purchase price for these lands was no less than $2.6 billion ($8.5 billion in 2020), much higher than the $15 million the U.S. paid to France.

There is 1 question to complete.