Louisiana Purchase is a purchase of an area of 828,000 square miles from France in 1803 by the United States.
This purchase added 15 new states to the United States.
The purchase price is $ 15 million, or around $ 0.04 per acre.
The areas purchased include most of the 15 US states, including Louisiana, Arkansas, Missouri, Iowa, North Dakota, South Dakota, Nebraska, Oklahoma, Kansas, and part of Minnesota, Montana, Wyoming, Colorado, and New Mexico.
Initially, President Thomas Jefferson only intended to buy the city of New Orleans and its surroundings, but France offered the entire Louisiana region instead.
This purchase is one of the biggest agreements in world history.
This purchase made the United States the third largest country in the world at the time.
Purchasing Louisiana also strengthens the Monroe Doctrine policy which states that the United States will no longer allow European colonization in North and South America.
This purchase triggers the economic growth of the United States, especially in the agricultural and trade sectors.
Purchasing Louisiana is an important milestone in the development of United States expansion to the West.
