The Louisiana Purchase. Thomas Jefferson was president and wanted New Orleans. Occurred on April 30 th, 1803 Purchased from France (Napolean Bonaparte)

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Presentation transcript:

The Louisiana Purchase

Thomas Jefferson was president and wanted New Orleans. Occurred on April 30 th, 1803 Purchased from France (Napolean Bonaparte) $15,000, ,000 square miles (got New Orleans and a whole lot more) Doubled the United States size. Jefferson did this very quickly because he really didnt have the authority to do this.

So…The question is, was this a good deal for America or should Jefferson have been impeached?

$$$$$ One acre is 43,560 square feet or 4,840 square yards. There are exactly 640 acres in a square mile. a. How many acres were purchased? b. What was the cost per acre?

$$$$$ Today, an acre of land can cost anywhere from $100 to $1,000,000. Assuming $500 per acre as a very low price, how much would the Louisiana Purchase have cost at this rate?

The value of money then and now

$$$$ Use the chart to determine the price of the Louisiana Purchase in todays dollars.

This is an inflation calculator