What does Louisiana Purchase mean?

  • This refers to a historic land deal signed between the U.S. and France in 1803, wherein France agreed to sell its large North American territory of Louisiana to the U.S. government.
  • After the successful execution of the deal, the land territory under the sovereign control of the U.S. government doubled in size.
  • The deal was struck between U.S. President Thomas Jefferson and Emperor Napoleon in France.
  • The Louisiana Purchase is considered to be a distress sale by Napoleon who urgently needed money to fund his war efforts in Europe.


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