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The Louisiana Purchase (French: Vente de la Louisiane, lit. 'Sale of Louisiana') was the acquisition of the territory of Louisiana by the United States from the French First Republic in 1803. This consisted of most of the land in the Mississippi River's drainage basin west of the river. [ 1 ]
The Louisiana Purchase changed the trajectory of U.S. expansion in the beginning of the 19th century, allowing the size of the country to grow by 530,000,000 acres. And at only a cost to the U.S ...
France took formal control of Louisiana from Spain on November 30, 1803, and turned over New Orleans to the United States on December 20, 1803. The U.S. took over the rest of the territory on March 10, 1804. The Louisiana Purchase doubled the size of the United States and opened U.S. expansion west to the Pacific Ocean and the Gulf Coast.
Thomas Jefferson envisioned America as the force behind a great "Empire of Liberty", [13] that would promote republicanism and counter British imperialism. The Louisiana Purchase of 1803, made by Jefferson in a $15 million deal with Napoleon Bonaparte, doubled the size of the growing nation by adding a huge swath of territory west of the Mississippi River, opening up millions of new farm sites ...
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The purchase, concluded in December 1803, marked the end of French ambitions in North America and ensured American control of the Mississippi River. [21] The Louisiana Purchase nearly doubled the size of the United States, and Treasury Secretary Gallatin was forced to borrow from foreign banks to finance the payment to France. [22]
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Louisiana's population, agricultural products, abundance of oil and natural gas, and southern Louisiana's medical and technology corridors have contributed to its growing and diversifying economy. [204] In 2014, Louisiana was ranked as one of the most small business friendly states, based on a study drawing upon data from more than 12,000 small ...