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: -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: -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-4: -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-5: -Napoleonic France Acquires Louisiana On October 1, 1800, within 24 hours of signing a peace settlement with the United States, First Consul of the Republic of France Napoleon Bonaparte, acquired Louisiana from Spain by the secret Treaty of San Ildefonso.